Confirming its status as a true “grassroots” movement of finance brokers, the FBAA has adopted procedures that will enable greater member input into the direction and priorities of the association.

CEO Peter White revealed that the FBAA has been undergoing a “modernisation” process over the past several months and wants to make it easier for members to become involved in the decision making process.

“The FBAA is representing broker members and they are entitled to be given as much opportunity as possible to participate,” he explained.

During a recent special meeting held to review its constitution, FBAA members for the first time participated by phone and over the internet as well as in person.

Mr White said the meeting allowed members to beat the “tyranny of distance”.

“It was effectively attended by many members positioned in various states and due to the flexibility now offered there were far more attendees than usual.

“In essence the association is seeking as much input as possible from members, and this meeting shows it is achievable.”

He said the association would be outlining other aspects of the modernisation process at its upcoming annual conference on Queensland’s Gold Coast.