Category Archives: Uncategorized

International brokers association welcomes Ireland as global expansion continues

Finance Brokers Association of Australia (FBAA) managing director Peter White has announced that Irish industry association, Brokers Ireland, has joined the International Mortgage Brokers Federation (IMBF) as the newly formed federation continues to expand into more nations. Mr White was … Continue reading

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Christmas time may affect your mortgage borrowing ability – warning

The peak body representing Australia’s finance brokers says some Australians will unknowingly destroy their ability to get a mortgage in the near future through wrong decisions made over the coming Christmas period. Managing director of the Finance Brokers Association of … Continue reading

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Togetherness and support is more essential to the industry than ever

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

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FBAA announces new board appointments

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

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Lower interest rates wasted without credit policy overhaul – finance broker association

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

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Brokers should see accountability as opportunity

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

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Finance broking peak body welcomes ACCC bank inquiry

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

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Finance industry peak body responds to RBA rate cut

“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

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Call for Australian Banking Association to have independent chair

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

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First national industry conference following royal commission looks to future

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

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