TheBitCast

Finance Specialist: What does ASIC's BID review mean for commercial brokers?

Podcast: Broker Daily Podcast Network · Momentum Media

Opublikowano: 2026-10-19

The Australian Securities and Investments Commission's (ASIC) review of brokers' best interests duty (BID) has raised questions about loan recommendations, documentation and what good client outcomes look like. While the statutory BID review does not directly apply to commercial lending generally, its findings raise questions about the standards commercial brokers should apply when recommending finance. In a market where price is only one part of the equation and deals can be far more complex, what lessons can the industry take from the review? Join Broker Daily's Julian Barnes and commercial finance broker Trent Carter to...