Commonwealth Bank acknowledges the report by the Australian Securities and Investments Commission (ASIC) which reviewed remuneration structures in the mortgage broking industry.

We recognise the importance of ensuring the right outcomes for home buyers and mortgage brokers provide a valued service to customers.

We are supportive of recommendations that promote greater transparency for customers and we will review measures that could deliver a higher level of disclosure.

We work closely with our mortgage brokers and trust they will always help customers find the product to best meet their needs.