Author Archives: CRC Public Relations

As RBA decision looms, research highlights fear, uncertainty and desperation among property owners and renters

Aspiring property owners are increasingly uncertain about their chances of affording a new home and are willing to purchase with smaller deposits, while the majority of renters fear being forced to move by their landlord, new research commissioned by the … Continue reading

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Call for Govt intervention – Regulator has let down home loan borrowers

The decision by the Australian Prudential and Regulation Authority (APRA) to leave the mortgage serviceability buffer at 3 per cent has been labelled nonsensical by the peak body representing Australia’s finance and mortgage brokers, who has accused the regulator of … Continue reading

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Changes are happening – FBAA

Managing director of the Finance Brokers Association of Australia (FBAA) Peter White AM says positive changes to clawbacks are happening across the industry following sustained lobbying by the FBAA over the last few years. Welcoming the move by AMP Bank … Continue reading

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It’s now easier to understand finance and mortgages

Finance Brokers conference on Gold Coast launches Australia’s first independent finance knowledge portal – Today, Friday Nov 1 Buying a home is the biggest decision most Australians will make, but it’s also the most confusing. If terms like ‘mandatory comparison … Continue reading

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Bank greed to be called out at FBAA conference

As the FBAA’s annual National Industry Conference commences on Queensland’s Gold Coast, managing director Peter White AM said the industry is facing a challenging year ahead due to what he says is an effort by some large banks to undermine … Continue reading

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New data reveals repeat customers key to broker success

New research released by the Finance Brokers Association of Australia (FBAA) reveals that brokers are securing the most business from repeat customers, signalling high levels of trust in the industry. The Monthly Broker Poll, which is conducted among FBAA members … Continue reading

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FBAA criticises lenders for significant delays in loan processing

Feedback from members as part of a poll conducted by CoreData for the Finance Brokers Association of Australia (FBAA) has revealed that 60 per cent of finance and mortgage brokers have experienced delays in loan processing over the past six … Continue reading

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Bank bosses comments an attempt to deflect focus from their greed and bad practices

The big banks have learnt nothing from the Hayne royal commission and hate competition, according to the head of the Finance Brokers Association of Australia (FBAA). Peter White AM hit out at comments targeting broker remuneration made by the heads … Continue reading

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Groundbreaking meeting paves way for future clawback changes

Following more than two years of discussions between the Finance Brokers Association of Australia (FBAA) and the federal government around the subject of unfair clawbacks and net of offset commissions, a groundbreaking meeting took place on Monday that offers hope … Continue reading

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Industry must stop navel gazing

Finance Brokers Association of Australia (FBAA) managing director Peter White AM says the industry should stop chest beating about its market share, and declared that his focus was on continuing to advance the sector, push for the changes that matter, … Continue reading

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