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The word is out - brokers need to get ready to get busy.
According to The Adviser's latest sentiment survey a rise in activity for the broker market can be expected over the coming period, it is reporting today.
Apparently weak economic data and a fall in new home lending has done little to dampen the Aussie broker spirit, with the survey finding that most are forecasting an uptick in business activity.
Up almost 10% on last quarter, the report found a full 45% expect their business to grow in the three months ahead.
Less, 16%, expected a business drop-off and the rest tipped 'no-change' in their settlement volume.
The secret is out...NAB holds torch for brokers - Brokers should anticipate the National Consumer Credit Protection Act to improve the way customers perceive the third party channel, NAB Broker's general manager John Flavell has claimed, and can expect overall broker market share to grow as a result.
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