Author Archives: CRC Public Relations

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 →

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 →

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 →

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 →

Re: SMSF legislative changes “Brokers must accept that a new world has arrived in regard to SMSF residential lending. Along with borrowers we must adjust, as this legislation along with changes to negative gearing and CGT have now been rushed … Continue reading →

Re: Interest rate announcement today The following comments are attributed to Peter White AM, FBAA spokesperson. “With interest rates expected to remain on hold today, borrowers should be proactive and not complacent.  After multiple rate rises, it’s the perfect time … Continue reading →

Over recent months, the board has not only been conducting a search for a new CEO, but has been using this time of change to consider ways to increase our impact, build our industry to even greater heights, and provide … Continue reading →

The Finance Brokers Association of Australia (FBAA) says the federal government may yet be forced to reverse course on its tax attack on investors if housing prices or rental costs surge, as predicted by many. FBAA Interim CEO Peter White … Continue reading →

The Finance Brokers Association of Australia (FBAA) says research from others has backed up its recent warnings of two economic storm fronts, and that they may be about to clash, forcing thousands of Australians out of their homes and sending … Continue reading →

The interim CEO of the Finance Brokers Association of Australia (FBAA) has asked banks to support innocent Hai Money brokers who have been caught up in the ongoing fraud investigations and stand to lose their businesses. Peter White AM said … Continue reading →