The landscape of the finance industry has completely changed. The banks now own everything, and through their mergers and takeovers, almost all Mortgage Brokers have lost their independence whether they want it or not. The big four had slashed commissions, increased their rates as they pleased, forced volume constraints onto the market and hid behind a smokescreen as they plot their next big profit making move.
With this in mind MST Active had to take the initiative to evolve. To evolve our business model, to evolve our communication streams and most importantly to evolve into a site where we can help inform and educate our customers, our friends and our families in what is happenning in the finance industry. To this end, MST Active have created the following new blogs to help keep everyone posted on facts, news and events that is happening in the finance community.
We have created the "Did You Know?" page to reveal startling facts to keep people in the dark. To find out exactly what the big movers and shakers of the finance industry are upto, we have created the "Let's Do Lunch" page dedicated to asking questions that everyday Australians like yourself, your friends and your families demand and want to ask and so much more.
Did You Know?:
Did you know the big four banks have made over $6.1 billion off your
loans last year, receive over 98% of all loan applications, own over
95% of Mortgage Brokers, gain $100 billion worth of mortgages in six
months and the list goes on? The Did you know page is full of these
references and more. You can
read more here…
Why Ms. Gail Kelly of Westpac, are you still claiming
that the rate rises were due to increasing funding costs, with
condescending banana videos, when last year you have made billions in
profits? Why Prime Minister Kevin Rudd have you suggested that people
vote with their feet, but we can’t move due to being chained with huge
exit fees? Why not answer these questions over
lunch with us…come on you boys and girls Let’s Do Lunch!
Click here to
find out…
It
is time the banks are held accountable for their wrongful actions and
greed, and it is time the voice of the people is heard! What’s the
deal with account keeping fees? How can you justify your bonuses and
spew job cuts? Why have you had problems with rising
costs since 2000 and yet you have record profits each year? Your
Burning Questions will be passed onto the people who influence the
finance industry such as those found in “Let’s Do Lunch” and you will
get the answers you want.
Click here to read more…