Finance Hour On J-air

Episode 63 - Who will lend us the money Since the release of the Royal Commission report, there has been a lot of outrage within the financial industry - particularly with mortgage brokers. One of which is regarding how consumers will get mortgage loans in the future. My guest today is Grant Rheuben, the Senior Finance Broker at Loan Market. We discuss how the Royal Commission’s recommendations, which suggested banks to stop paying commissions for loan brokers, could impact the local economy. We discuss how this recommendation would inspire an anti-competitive environment and its impact on consumers applying for loans. We also discuss why the liberal and labour parties are supporting brokers and what this could mean for consumers as well as the future of the finance industry. Don’t miss this week’s segment of Reuben’s Rant where I share my concerns regarding the Australian government is using the Royal Commission as a ‘weapon of choice.” “There’s still lobbying to be done, but - all in all - we are going i