Blog Post

Banking Royal Commission

  • By Priscilla Chandra
  • 23 May, 2018

The Banking Royal Commission is bringing to light practices by major banks and some related parties that have been questionable to say the least.  

Fundsmart always has, and always will, do everything to act in our customers best interest. This foundational policy of ours has protected our customers from the questionable banking practices that have been identified by the Royal Commission. 

We are pleased that the changes being introduced will bring more stringent controls and provide better overall consumer protection. It is encouraging that in recent weeks, the Royal Commission has already brought positive changes to bank lending policies. 

Fundsmart has always exceeded the minimum requirements for Mortgage Brokers and we will continue to adapt to any new changes that are recommend by the Regulators. 

Call us on 1300 78 79 94  to discuss further if you have any question or want to know how it will affect you.  

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