by FBAA | Feb 25, 2019 | FBAA responds to Labor statement on broker reforms
The FBAA’s managing director Peter White has welcomed Labor’s statement on reforms for mortgage brokers saying it will ease some of the mental health duress being felt by brokers throughout the nation. “This announcement provides some much-needed clarity for brokers...
by FBAA | Apr 18, 2017 | FBAA responds to Labor statement on broker reforms
In the later part of 2016 and in part a response to the current review and report which has been conducted by ASIC into commissions paid to mortgage brokers on home loans, the FBAA conducted research around the world into how home loan brokers are remunerated/...
by FBAA | Dec 20, 2016 | FBAA responds to Labor statement on broker reforms
The current status of Treasury’s Funding of ASIC back to industry remains in ongoing discussions with Treasury and key profile industry stakeholders regarding the proposed funding model for the Australian Securities and Investments Commission (ASIC). Under its...
by FBAA Staff | Dec 6, 2016 | FBAA responds to Labor statement on broker reforms
by MPA | 5th December 2016 (MPA – Original article) The FBAA’s Peter White says only an industry association driven by brokers can truly understand the challenges facing brokers The FBAA places a great emphasis on our statement that we are run by...
by FBAA Staff | Dec 2, 2016 | FBAA responds to Labor statement on broker reforms
What does the expansion of the unfair contract terms legislation mean for FBAA members? The Federal Government has decided to extend the existing unfair terms provisions of the Australian Consumer Law to contracts entered on or after 12 November 20161 where: • the...
by FBAA Admin | Oct 14, 2015 | FBAA responds to Labor statement on broker reforms
With one of the big banks increasing variable home loan interest rates, it is the perfect time for brokers to show their worth to new and existing customers according to the head of the Finance Brokers Association of Australia (FBAA). The 0.2 percentage rise for both...