Mortgage broker fees should be flat: Labor

By Angus Livingston and Matt Coughlan
Updated February 22 2019 - 3:01pm, first published 2:58pm
Labor's Chris Bowen pledged to cap mortgage broker fees in response to the banking royal commission.
Labor's Chris Bowen pledged to cap mortgage broker fees in response to the banking royal commission.

Mortgage brokers will get to keep their fees but they will be capped at 1.1 per cent of the property loan, if Labor wins the next federal election.

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