Category Archives: Uncategorized

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 →

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 →

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 →

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 →

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 →