Monthly Archives: July 2017

FBAA calls out consumer advocates’ misrepresentations

A call to scrap all mortgage broker commissions has been criticised by the Finance Brokers Association of Australia (FBAA) which says consumer groups making the suggestion have no regard for the competitive position and incredible value proposition that brokers bring … Continue reading

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ASIC review not about self-regulation

Reports that ASIC’s remuneration review is an opportunity for finance and mortgage brokers to self-regulate have been strongly criticised as being way off the mark by the Finance Brokers Association of Australia (FBAA). Executive director Peter White said the industry … Continue reading

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Rate rise speculation

The nation’s peak body for finance and mortgage brokers says ongoing speculation on the Reserve Bank’s likelihood of increasing official interest rates is causing instability in the market. The Finance Brokers Association of Australia (FBAA) says if rates are going … Continue reading

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