Interesting announcement. As Barnicles said earlier over time...

Interesting announcement. As Barnicles said earlier over time this could make a big difference, doesn't sound to the positive in the short term but maybe needed over the long term to make it work across all in the value and earnings chain. More details needed however.

Another thing that is interesting re MOC is the growth of the financial planning business. The growth rates (both in outright $ terms and percentage terms) in the last half year results (see last halfs media results etc) were to be honest none short of staggering. This is a small business apparently growing fast.

Should MOC be able to continue the run rate on financial planning like they have been then they will soon end up one of the larger dealer groups around the place.

Does anyone have insights into the sustainability of the growth of the financial planning business?