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1 Nov 2024 12:37
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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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     Top Stories

    RUGBY RUGBY
    Ethan de Groot has been left out of the All Blacks side to play England at Twickenham on Sunday for failing to uphold team standards More...


    BUSINESS BUSINESS
    New Zealand's cruise-ship sector generated just under 1.4-billion dollars in total economic output, during the 2023 to 24 season More...



     Today's News

    Rugby League:
    Kiwis winger Will Warbrick is keen for another taste of international rugby league after scoring a try on debut against Australia 12:37

    Entertainment:
    Olivia Rodrigo's songwriting process helps her to feel "sane" 12:19

    Law and Order:
    Charges are being considered for a person - arrested following an indecent assault in South Auckland last week 12:17

    Entertainment:
    Shailene Woodley has "never had a problem with saying no" 11:49

    Business:
    New Zealand's cruise-ship sector generated just under 1.4-billion dollars in total economic output, during the 2023 to 24 season 11:47

    Law and Order:
    Philip Polkinghorne maintains his wife bought the meth found in his Auckland home 11:47

    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


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