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Ep. 101: Big Banks Attack BROKER COMMISSIONS
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In this week's episode of The Weekly Investor News Podcast, Nick Bendel and Owen Davis dive into one of the hottest topics in the finance world—big banks attacking broker commissions! 💥
Commonwealth Bank and Westpac have called for a cap on mortgage broker commissions, claiming that broker pay structures are risky. But is that the whole story? Owen, a former mortgage broker himself, doesn’t hold back as he dissects the banks' motives and what this could mean for brokers, consumers, and the entire lending industry.
🔔 Don’t forget to subscribe for more industry insights and real estate news! 👍 Like this video if you enjoyed the discussion 📝 Comment below with your thoughts on broker commissions and the banks' proposals.
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