Author Archives: CRC Public Relations

While the banking royal commission was a challenging time for finance brokers, it helped the industry develop a united purpose, according to the managing director of the Finance Brokers Association of Australia (FBAA). Peter White said the royal commission highlighted … Continue reading →

The Finance Brokers Association of Australia (FBAA) has revealed its 2020 board members, state presidents, vice presidents and councillors. Announcing the board, FBAA managing director Peter White said the association is well placed to tackle any challenges the future may … Continue reading →

Lower interest rates will be wasted and ineffective unless banks overhaul their credit policies, tightened following the banking royal commission, according to the Finance Brokers Association of Australia (FBAA). Managing director of the peak body Peter White says while the … Continue reading →

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 →

The head of Australia’s peak body representing finance brokers has called for the Australian Banking Association (ABA) to appoint an independent chair to help restore public and industry trust in the banking sector. The ABA recently announced CEO of the … Continue reading →

With the roller coaster ride that was the banking royal commission now in the past, Australia’s largest annual conference for finance and mortgage brokers will be held on November 8 at one of the country’s premier theme parks, with the … Continue reading →

The Finance Brokers Association of Australia (FBAA) managing director Peter White today welcomed the release of the ASIC report, Looking for a mortgage: Consumer experiences and expectations in getting a home loan. “I’m really pleased with the outcome of this … Continue reading →

Yet another attack on mortgage brokers from consumer group Choice should not only be dismissed outright, but reveals the groups disturbing lack of real understanding about the broking sector, according to the Finance Brokers Association of Australia (FBAA). FBAA managing … Continue reading →