Category Archives: Uncategorized

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

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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

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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

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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

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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

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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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