Category Archives: Uncategorized

FBAA calls for uniform accreditation for reverse mortgage writers

The Finance Brokers Association of Australia (FBAA) has called for the introduction of mandatory training and accreditation for anyone offering reverse mortgages to ensure borrowers receive the right advice and understand the long-term implications and opportunities. FBAA executive director Peter White … Continue reading

Posted in Uncategorized | Leave a comment

FBAA to brief new treasurer and financial services minister

The Finance Brokers Association of Australia (FBAA) has made briefing the new treasurer and financial services minister a priority as the royal commission interim report deadline looms. Executive Director Peter White welcomed the appointment of Stuart Robert to the role … Continue reading

Posted in Uncategorized | Leave a comment

Mortgage brokers ready for interest rate rises

The peak body representing Australian finance and mortgage brokers has pointed to a surprise hike in interest rates by Australia’s largest member-owned bank as a further reason for borrowers to look at more finance options. Finance Brokers Association of Australia … Continue reading

Posted in Uncategorized | Leave a comment

New Prime Minister understands finance brokers

The executive director of the Finance Brokers Association of Australia (FBAA) Peter White has welcomed Scott Morrison as Australia’s 30th prime minister and thanked him for his service as treasurer. Mr White has a solid relationship with Mr Morrison, meeting with … Continue reading

Posted in Uncategorized | Leave a comment

Madness – Aussie borrowers in “mortgage prison” as banks prevent access to lower rates

The peak body representing Australia’s mortgage brokers says thousands of Australian mortgage holders left in a “mortgage prison” – unable to refinance to a lower interest rate due to changed lending criteria by banks – should look to non-bank lenders … Continue reading

Posted in Uncategorized | Leave a comment

ABC broker clarification not enough

A clarification earlier this month by the ABC of incorrect information broadcast about mortgage broker qualifications does not fix the damage done to the industry’s reputation, according to the national peak body representing finance brokers. In March, on the back … Continue reading

Posted in Uncategorized | Leave a comment

Over 1000 to gather for FBAA 2018 conference

The Finance Brokers Association of Australia’s (FBAA) conference has not only cemented itself as the largest annual finance industry event in the nation, but the gala dinner also makes it the most glamorous! Held at Sea World on the Gold … Continue reading

Posted in Uncategorized | Leave a comment

Budget should boost confidence and property – Finance brokers peak body

The peak body representing Australia’s finance brokers believes the federal budget will help the property market through increased consumer confidence, while also acknowledging it did not address housing affordability directly. “What helps the housing market, associated industries and the economy … Continue reading

Posted in Uncategorized | Leave a comment

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

Posted in Uncategorized | Leave a comment

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

Posted in Uncategorized | Leave a comment