Author Archives: CRC Public Relations

New Australian CPD classes to future-proof broking businesses

Some of Australia’s most talented and successful finance practitioners are about to engage in a series of events aimed at helping brokers broaden their business approach to provide additional income opportunities. The 2019 Commercial Industry Masterclass will reveal the full … Continue reading

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Finance brokers association warns borrowers on interest rate cuts

The Finance Brokers Association of Australia (FBAA) has urged borrowers to keep their repayments at current levels despite the Reserve Bank of Australia’s move to cut rates by 25 basis points. FBAA managing director Peter White has welcomed the first … Continue reading

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FBAA welcomes new minister for financial services

The Finance Brokers Association of Australia (FBAA) has welcomed the appointment of Senator Jane Hume as financial services minister while thanking outgoing minister Stuart Robert for his courtesy, professionalism and commitment to the industry. FBAA managing director Peter White said … Continue reading

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Finance brokers welcome APRA rethink

The Finance Brokers Association of Australia (FBAA) has welcomed moves by the Australian Prudential Regulation Authority (APRA) to loosen its deemed serviceability requirements that have resulted in banks rejecting many reasonable loan applications. FBAA managing director Peter White said times have … Continue reading

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The FBAA looks to the future after Coalition re-elected

The Finance Brokers Association of Australia (FBAA) has congratulated Scott Morrison and the Coalition for their election win and vowed to work with them to ensure borrowers continue to have choice in a healthy financial services industry. FBAA managing director … Continue reading

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Finance brokers cautiously welcome first home buyer loan guarantee

The peak body representing Australia’s finance brokers says the Government’s proposed loan guarantee for home buyers, which will allow them to enter the market with only a five per cent deposit, is a very good initiative. However managing director of … Continue reading

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FBAA notes interest rate inaction despite solid case for cut

The Finance Brokers Association of Australia (FBAA) says many would-be home buyers will be disappointed by the decision of the Reserve Bank of Australia (RBA) to keep interest rates on hold. FBAA managing director Peter White said the RBA board … Continue reading

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FBAA leader elected as chair of global broker movement

The International Mortgage Brokers Federation (IMBF) has elected Peter White, the managing director of the Finance Brokers Association of Australia (FBAA), as its inaugural chair of their board of governors. Mr White continues in his role as the association’s managing … Continue reading

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FBAA welcomes interest rate cuts by big banks and calls on others to follow

The peak body representing Australia’s finance brokers has applauded the Commonwealth Bank of Australia (CBA) and Westpac for giving in to market pressures and reducing fixed interest rates for new borrowers. Managing director of the Finance Brokers Association of Australia … Continue reading

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FBAA tips budget boost to result in bank crackdown

The Finance Brokers Association of Australia (FBAA) has welcomed the budget funding commitment enabling ASIC and APRA to respond appropriately to the recommendations of the royal commission. FBAA managing director Peter White said it’s clear that a significant portion of … Continue reading

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