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Westpac likely to book surprise wind-fall by ending trail commissions

  • Wednesday, November 19th 2025

Westpac could potentially book a one-off profit of more than $50 million from its decision to axe trail commissions to mortgage advisers. [READ ON]

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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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