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Westpac scraps cash backs for high LVR loans; Aussie politician backs trail

  • Thursday, July 2nd 2020

Westpac has scrapped cash-back offers for borrowers over 80% LVR, as lenders tighten up amid the Covid-19 economic downturn: [READ ON]

An Australian parliamentary committee has indicated its support for trail commission, as politicians review the future of adviser remuneration: [READ ON]

Up Next TSB makes big rate cuts; Bank profits drop 20%

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TMM - The Mortgage Mag is 100% dedicated to delivering excellent news, video and information to all mortgage advisers in New Zealand. We deliver news to advisers through TMMOnline.nz and its associated email newsletter. Every two months we publish TMM - The Magazine. This is sent to all mortgage advisers. TMM is part of Tarawera Publishing Ltd. TPL is the oldest and largest publisher in NZ's financial adviser market.

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