Monthly Archives: September 2025

FBAA calls for clearer communication, less red tape from ASIC

The Finance Brokers Association of Australia (FBAA) says a pledge from ASIC last week to enhance its technological platforms and slash red tape is “too little, too late” for many brokers and small businesses. FBAA managing director Peter White AM said the “multi-year program of work” announced by ASIC was hugely frustrating for brokers, who say immediate improvements are what’s needed. “Governments and regulators have been talking … Continue reading

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FBAA warns government against penalising brokers for financial advice failures

The Finance Brokers Association of Australia (FBAA) is warning the federal government against imposing higher levies on unrelated sectors to cover shortfalls in the national Compensation Scheme of Last Resort (CSLR). In a submission to Commonwealth Treasury, the FBAA stated … Continue reading

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