TalkingTrading

Royal Banking Commission

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Sinopsis

The Australian Banking system has had a serious shake-up and in this episode hear how it affects you and where it leaves the Australian economy. Louise Bedford shares on how to say just the right thing to offer your fellow trader’s support.Louise Bedford – MindpowerYou know that TV show 'Billions'?Louise loves it and she draws inspiration from it to demonstrate how to encourage and support a fellow trader with carefully used phrases.Hear how to say just the right thing to offer your fellow trader’s support.Jonathan BarrattThe Royal Banking Commission’s final report was made public.76 recommendations were made involving sweeping changes to banking laws in the financial industry.The report aims to make way for a more transparent industry where the transfer of wealth from banks to consumers is fairer.Some of the shake-ups include:MORTGAGE BROKINGMORTGAGE BROKING was by far the hardest hit industry.The Outcome:  Mortgage brokers now need to act in the client best interests.Biggest changes are: Borrowers