Author Archives: CRC Public Relations

With new placements opening for the First Home Loan Deposit Scheme (FHLDS) on July 1, the Finance Brokers Association of Australia (FBAA) has urged brokers to contact potential borrowers now to take advantage of the limited numbers. FBAA managing director … Continue reading →

The Finance Brokers Association of Australia (FBAA) has put lenders on notice to eliminate “clubs” that favour brokers based on volume before BID comes into effect. FBAA managing director Peter White AM says lenders are still giving preferential treatment to … Continue reading →

The Finance brokers Association of Australia (FBAA) has called for standardised documentation around service level agreements to speed up loan discharges for borrowers wanting to change lenders. FBAA managing director Peter White AM says brokers are increasingly reporting that banks … Continue reading →

Borrowers lured into low fixed interest rates by banks “trying to buy business” may regret their decision unless they also carefully examine the variable rate product of the lender, according to the Finance Brokers Association of Australia (FBAA). FBAA managing … Continue reading →

The Finance Brokers Association of Australia (FBAA) says the decision by ASIC to defer the commencement date of the mortgage broker best interest duty (BID) and remuneration reforms was a welcome and necessary move. However FBAA managing director Peter White … Continue reading →

The Finance Brokers Association of Australia (FBAA) says the announcement by the Australian Financial Complaints Authority (AFCA) to extend the post IDR refer back timeframe for complaints by nine days to 30 days is helpful in the current difficult times. … Continue reading →

With the uncertain market due to the COVID-19 pandemic, finance and mortgage brokers can now add to their income options through a partnership between the Finance Brokers Association of Australia (FBAA) and international money transfer company ‘Send’. The service provides … Continue reading →

The Finance Brokers Association of Australia (FBAA) has today announced the establishment of the FBAA Member Broker Support Program (BSP) as it ramps up efforts to help brokers through the current economic crisis that has resulted from the Coronavirus pandemic. … Continue reading →

The Finance Brokers Association of Australia (FBAA) has moved professional development days (PD) online and created new ways to connect with brokers as the nation enters a ‘no personal contact’ era due to COVID-19. FBAA managing director Peter White AM, … Continue reading →

Finance and mortgage brokers have been warned to expect an inundation of struggling and distressed clients as the economy plummets in the wake of job losses and business closures. In a notice to its national membership, the Finance Brokers Association … Continue reading →