Mortgage brokers are celebrating the re-election of the Coalition and the salvation of valuable trailing commissions that were poised to be banned under a Labor government.
Yellow Brick Road executive chairman Mark Bouris, who made pre-election robocalls to voters warning of the risks of Labor's negative gearing changes, said the Coalition's win would be good for YBR and other mortgage brokers.
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James Frost writes about banking, funds management and superannuation. Based in Melbourne, James has been reporting on specialist business and finance topics for 15 years. Connect with James on Twitter. Email James at james.frost@afr.com
John Kehoe is economics editor at Parliament House, Canberra. He writes on economics, politics and business. John was Washington correspondent covering Donald Trump’s election. He joined the Financial Review in 2008 from Treasury. Connect with John on Twitter. Email John at jkehoe@afr.com
