Author Archives: CRC Public Relations

The peak body representing Australia’s finance brokers has urged the major banks to stop talking up the credit squeeze and start helping borrowers by cutting interest rates, thereby following the lead of smaller banks. Managing director of the Finance Brokers … Continue reading →

The Finance Brokers Association of Australia (FBAA) has stepped up it’s public campaign to protect the industry and ensure consumers continue to benefit from market competition and lower interest rates. FBAA managing director Peter White has been meeting regularly with … Continue reading →

The peak body representing Australia’s finance brokers has cautiously welcomed a decision by the Federal Government to backflip on its commitment to abolish trail commissions, which was one of the recommendations of the Hayne report from the banking royal commission. … Continue reading →

The peak body representing mortgage brokers has welcomed Labor’s statement on reforms for brokers saying it will ease some of the mental health duress being felt throughout the nation. Finance Brokers Association of Australia managing director Peter White said the … Continue reading →

The Finance Brokers Association of Australia (FBAA) has hit out at “so-called consumer groups” for withdrawing from an industry forum at a time of great importance to the industry. FBAA managing director Peter White accused the quitters of a ‘huge … Continue reading →

The managing director of the Finance Brokers Association of Australia has provided some timely advice for the head of the Bendigo Bank – ‘focus on your own performance instead of attacking brokers’. Peter White said Bendigo Bank is wrong to … Continue reading →

The national peak body representing finance and mortgage brokers has warned both the Federal Government and Opposition that they would be betraying borrowers if they change the remuneration structure for brokers. Finance Brokers Association of Australia (FBAA) managing director Peter … Continue reading →

The national peak body representing finance and mortgage brokers says the royal commission has failed to understand the role of mortgage brokers and the competitiveness they bring to the market following its recommendations to eliminate trail commissions for brokers, which … Continue reading →

As the busiest time of the year looms for retail sales the peak body for finance brokers in Australia has warned that changes coming into effect on January 1 will impact credit card holders, and eventually anyone applying for a … Continue reading →

The Finance Brokers Association of Australia (FBAA) has revealed that the Australian Securities and Investments Commission (ASIC) has given finance brokers an early Christmas present with confirmation their credit representative licence fees have been reduced as a reward for the … Continue reading →