Author Archives: CRC Public Relations

FBAA welcomes ASIC recognition of borrower needs beyond loan pricing

The Finance Brokers Association of Australia (FBAA) welcomes ASIC’s report and says it highlights the important role brokers play in helping customers weigh competitive pricing alongside their individual financial circumstances and loan requirements. “Competitive pricing matters, and brokers will always … Continue reading →

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FBAA appoints Mary-Helen Lockton as Chief Membership & Experience Officer

The Finance Brokers Association of Australia (FBAA) has appointed Mary-Helen Lockton as Chief Membership & Experience Officer, further strengthening its executive leadership team as it prepares for its next phase of growth. Ms Lockton joins the FBAA having built a … Continue reading →

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Rate volatility could become the new normal for brokers

Growing expectations of another interest rate rise following the Reserve Bank of Australia’s latest commentary could be the clearest signal yet that mortgage brokers and their clients are entering a new era of ongoing rate volatility, according to the Finance … Continue reading →

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FBAA expands its executive leadership for next phase of growth

The Finance Brokers Association of Australia (FBAA) has expanded its executive leadership team with two senior appointments and the elevation of two existing leaders as it prepares for its next phase of growth. The appointments strengthen the FBAA’s capability across … Continue reading →

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As new figures show mortgage default rising, borrowers under stress urged to act early

The Finance Brokers Association of Australia (FBAA) says new data by comparison group OurTop10 that shows an 18 per cent increase in national mortgage default risk is deeply concerning, but highlights growing financial pressure facing Australian households. FBAA CEO Leo … Continue reading →

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Predicted rental stress is happening, and the govt must now admit it was wrong

The Finance Brokers Association of Australia (FBAA) has responded to new rental market data* showing soaring rental prices by urging the federal government to swallow its pride and change course before it’s too late.  FBAA CEO Leo Gagic said the … Continue reading →

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FBAA receives AUSTRAC advice on AML/CTF changes that could impact brokers

AUSTRAC has responded to enquiries by the Finance Brokers Association of Australia (FBAA) seeking clarity around whether new Anti-Money Laundering and Counter-Terrorism Financing (AML/CTF) laws may have unintentionally captured finance brokers and intermediaries. Following the updated regulations that took effect … Continue reading →

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FBAA welcomes ING clawback change after submission on unfair lending practices

Only days after its submission to the Australian Treasury consultation paper on unfair trading practices protections for small businesses, the Finance Brokers Association of Australia (FBAA) has commended ING for “taking an important step in the right direction.” FBAA CEO … Continue reading →

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FBAA calls for action on unfair lender trading practices

In a submission to an Australian Treasury consultation paper on unfair trading practices protections for small businesses, the Finance Brokers Association of Australia (FBAA) said it wanted to “bring to the government’s attention the unfair trading practices being engaged in … Continue reading →

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FBAA seeks clarity from AUSTRAC over AML/CTF Act changes

The Finance Brokers Association of Australia (FBAA) has requested an urgent meeting with AUSTRAC to discuss the practical implications of the recent AML/CTF reforms and their potential impact on brokers and intermediaries. CEO Leo Gagic said while brokers should not … Continue reading →

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