Monthly Archives: October 2019

Greater accountability and further transparency for finance brokers including the best interest duty presents a unique opportunity for industry growth, and smart brokers will embrace it, according to managing director of the Finance Brokers Association of Australia. Peter White says … Continue reading →

The Finance Brokers Association of Australia (FBAA) has welcomed the Federal Government’s announcement of an inquiry by the competition watchdog into the refusal by banks to pass on interest rate cuts in full to customers. FBAA managing director Peter White … Continue reading →

“Banks must immediately pass on these savings and the reduction of interest rate in full.” “Banks should not be using this decrease as a mechanism to ‘buy new business’. In the past existing borrowers have waited weeks and months for … Continue reading →