The ‘existing arrangements’ for broker remuneration would remain under a Labor government, Stephen Jones MP, the Shadow Minister for Financial Services and Superannuation, has confirmed. Speakin
Record quarterly originations driven by strong broker flows and surging car loan demand have helped deliver the lender 135 per cent year-on-year growth.
Delays with commissions being paid to PLAN and Choice brokers are expected to correct by next week, with the executive chairman saying the company deeply regrets the inconvenience to brokers.
Brokers aggregating under the group wrote a record $92 billion of loans in 2021, with the largest proportion lodged in the final quarter. ASX-listed aggregator Australian Finance Group (AFG) has rel