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Author Archives: CRC Public Relations
Finance brokers call for perspective on broker remuneration
The Finance Brokers Association (FBAA) of Australia has labelled the current commentary around the broking sector and the number of inquiries unprecedented, unnecessary and crazy. FBAA executive director Peter White says the reaction of some journalists and other ill-informed commentators … Continue reading
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Finance brokers slam “hysterical and misinformed” royal commission reporting
The peak body representing Australia’s finance brokers says some of the commentary around brokers from the banking royal commission is not only sensational and misleading but seeks to disparage an entire industry made up of predominantly small business owners. The … Continue reading
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ABC and Emma Alberici get it very wrong on mortgage brokers
The Finance Brokers Association of Australia (FBAA) has accused the ABC and its controversial chief economic reporter Emma Alberici – who was recently criticised by business groups and the Prime Minister over comments about corporate tax – of misrepresenting the … Continue reading
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We need more women!
The Finance Brokers Association of Australia (FBAA) is planning ways to attract more women to the industry, revealing that the percentage of female brokers is significantly below the overall percentage of women in the financial services sector. FBAA executive director … Continue reading
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Morrison has it wrong on comprehensive credit reporting, says finance broker body
As the Banking Royal Commission starts, the peak body representing Australia’s finance brokers has warned Treasurer Scott Morrison that draft legislation to force banks to hand over more detailed customer credit information will potentially backfire. The treasurer, who last week … Continue reading
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Productivity Commission gets it wrong on brokers
The executive director of Australia’s peak body representing finance brokers has slammed the section of yesterday’s draft report into competition in the Australian financial system – released by the Productivity Commission (PC) – that refers to brokers. Peter White of … Continue reading
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Finance broker peak body sceptical of big bank discounts
The Finance Brokers Association of Australia (FBAA) is sceptical about moves by the big banks to set aside hundreds of millions of dollars to enable them to offer big discounts in the property borrowing market. As reported by the Australian … Continue reading
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Finance brokers urge big banks to drop rates
The nation’s peak body representing finance brokers has welcomed drops in home loan mortgage rates by some smaller lenders, saying it would benefit borrowers if the big banks followed suit. The Finance Brokers Association of Australia (FBAA) says lenders have … Continue reading
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Fluctuating property market will hit borrowers
Fluctuations in the housing market are not unusual, according to the nation’s peak body representing finance brokers, the Finance Brokers Association of Australia (FBAA). Playing down talk of a pending housing bubble burst, executive director Peter White said the reality … Continue reading
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Brokers back APRA call
Mortgage brokers are already putting a heavy emphasis on the living expenses of borrowers when matching them with the most suitable loans for their financial circumstances, according to the nation’s peak body representing finance brokers, the Finance Brokers Association of … Continue reading
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