Westpac executive changes and best interests duty clarity

Join Alex Whitlock, Annie Kane and Charbel Kadib as they delve into the latest themes and developments in the home loan market. In this episode, they discuss Westpac's senior leadership changes in the fallout of AUSTRAC's civil penalty orders, Westpac's contracting home loan volumes, and the tabling of the amended best interests duty legislation for mortgage brokers. This week they discuss: Former Westpac CEO Brian Hartzer's resignation Macquarie's growth in market share Calls for clarity around the best interests duty legislation Momentum Intelligence has launched the Consumer Access to Mortgages survey, which aims to understand the public's attitudes, perceptions and priorities in a bid to quantify the value of the third-party distribution channel to the Australian public. You can share the Consumer Access to Mortgages survey by downloading the relevant resources here. If you are interested in finding out more about the Broker Pulse initiative, you can find out more about the survey here.

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