Category Archives: Uncategorized

Managing director of the Finance Brokers Association of Australia (FBAA) Peter White AM has congratulated Dr Daniel Mulino MP following his appointment as assistant treasurer and minister for financial services, saying that he looks forward to continuing the positive dialogue … Continue reading →

Hundreds of thousands more Australians, including many aged 25 to 34, could access an affordable home loan if the serviceability buffer rate was reduced from 3 per cent to 2.5 per cent, according to new research commissioned by the Finance … Continue reading →

Recent interest rate cuts, mixed messages around housing prices, cost of living increases, the Australian election and even US tariffs are fuelling an increase in uncertainty from existing borrowers and those wanting to enter the market, according to the peak … Continue reading →

The managing director of the Finance Brokers Association of Australia (FBAA), who has led the industry’s campaign for a reduction in the mortgage serviceability buffer rate, has backed the Federal Opposition’s commitment to bring the rate down if elected. Peter … Continue reading →

The Finance Brokers Association of Australia (FBAA) says it is concerned that some banks are attempting to stop mortgage brokers using certain automated rate tracking and repricing systems to analyse their back books, in order to prevent existing customers from … Continue reading →

With rawness and vulnerability, mortgage brokers have revealed the anger, anguish and personal pain they have experienced due to clawbacks. The comments were provided to CoreData as part of the monthly broker poll conducted for the Finance Brokers Association of … Continue reading →

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 →

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 →

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 →

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 →