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1 Nov 2024 11:46
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  •   Home > News > Business

    Do mortgage advisors need more regulation - alongside a Commerce Commission bid to make it easier to take out a home loan?

    Do mortgage advisors need more regulation - alongside a Commerce Commission bid to make it easier to take out a home loan?


    Discussions at a banking conference centred on concerns brokers don't encourage mortgage rate competition.

    Simplicity CEO, Sam Stubbs, says they provide a valuable service, but commissions are a worry.

    He says the Commerce Commission is concerned brokers may be trying maximise their commission.

    © 2024 Newstalk ZB, NZCity

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     31 Oct: Optimism's rising among businesses - largely driven by construction
     31 Oct: Diamonds netball coach Stacey Marinkovich believes the player pipeline to her world champion side is being held up by the influx of internationals playing Super Netball in Australia
     31 Oct: What Labour’s first budget means for wages, taxes, business, the NHS and plans to grow the economy – experts explain
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    New Zealand's cruise-ship sector is bringing in the dough More...



     Today's News

    International:
    Six Australians allege they were sexually assaulted by former Harrods boss Mohamed Al Fayed, as 421 people come forward with allegations 11:27

    Entertainment:
    Teri Garr has died at the age of 79 11:19

    National:
    With Tucker Carlson, Elon Musk and Donald Trump, Republicans’ ‘strict father’ has become the creepy uncle 11:17

    Politics:
    The US presidential election gets the headlines, but Americans will also vote in thousands of down ballot races for everything from judges to tax collectors 11:17

    Business:
    New Zealand's cruise-ship sector is bringing in the dough 11:07

    Law and Order:
    Within an hour, Philip Polkinghorne has come and gone again from the High Court in Auckland 10:57

    Entertainment:
    Tom Parker Bowles says his stepfather King Charles is "strong" amid his battle with cancer 10:49

    Business:
    Progress may be on the way for a long vacant plot of central Wellington land 10:47

    Soccer:
    Hopes last season's Wellington Phoenix hype will flow into the weekend's derby  10:27

    Entertainment:
    Brooklyn Peltz Beckham hopes to make his future children proud of their father by "making a name for himself" 10:19


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