Original article by Phillip Coorey
The Australian Financial Review – Page: 3 : 12-Mar-19

Shadow financial services minister Clare O’Neil will use a Committee for Sydney speech on 12 March to reveal that Labor will reject only one recommendation in the Hayne royal commission’s final report if it wins the upcoming federal election. Labor has joined the Coalition in opposing the proposal to shift the cost of mortgage brokers’ fees from lenders to borrowers. Labor has previously only expressed in-principle support for many of Kenneth Hayne’s recommendations.

CORPORATES
AUSTRALIAN LABOR PARTY, COMMITTEE FOR SYDNEY, AUSTRALIA. ROYAL COMMISSION INTO MISCONDUCT IN THE BANKING, SUPERANNUATION AND FINANCIAL SERVICES INDUSTRY, AUSTRALIAN SECURITIES AND INVESTMENTS COMMISSION