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Showing 1 - 10 of 18 results for %22Finance Brokers Association of Australia%22

Former AMP adviser banned by ASIC

ANDREW MCKEAN  |  THURSDAY, 14 DEC 2023
... According to the ASIC Financial Adviser Register, Mink was a Certified Financial Planner and member of the Finance Brokers Association of Australia. In June, ASIC issued banning orders against Mink, who subsequently challenged these decisions at the ...

Border rule-breaking former adviser banned

JAMIE WILLIAMSON  |  TUESDAY, 5 APR 2022
... automatically disqualified from managing corporations for five years. Babbage was a member of the Finance Brokers Association of Australia. In a statement to Financial Standard at the time of his conviction, the FBAA commented: "We are aware of the media ...

Brokers warn of looming disaster

ELIZABETH MCARTHUR  |  MONDAY, 15 NOV 2021
The Finance Brokers Association of Australia (FBAA) has issued a dire warning, claiming Australian borrowers could not afford to pay 1% more on their mortgages or rent. The FBAA commissioned a survey, conducted by research firm McCrindle, to assess ...

Capstone drops jailed adviser

KARREN VERGARA  |  FRIDAY, 15 OCT 2021
... addition to being an authorised representative, Babbage holds a credit licence and is a member of the Finance Brokers Association of Australia (FBAA). "Mark Babbage is a self-employed financial adviser and is no longer an authorised representative of ...

More than half of advisers without association membership

JAMIE WILLIAMSON  |  THURSDAY, 8 NOV 2018
... Association. Meanwhile, the Institute of Public Accountants, Mortgage and Finance Advisers Association, he Finance Brokers Association of Australia and Association of Independently Owned Financial Planners each have less than 500 advisers claiming membership. ...

Advice proposition props up mortgage broker market share

MARK SMITH  |  THURSDAY, 16 MAY 2013
... broking industry retain its market share in the face of strong competition from the lending market, according to Mortgage & Finance Association of Australia (MFAA) chief executive Phil Naylor. According to a study of the top 16 aggregators in the industry ...

MFAA to terminate 1,100 mortgage brokers

ALICE URIBE  |  MONDAY, 25 MAR 2013
The Mortgage & Finance Association of Australia (MFAA) could forfeit nearly half a million dollars in membership fees after it terminated 1,100 of its broker members who failed to meet its new educational requirements. All loan writing members had until ...

Rev mortgage market continues to grow

MICHAEL HOBBS  |  TUESDAY, 13 OCT 2009
... 2,350 in the six months to June. Those that use a reverse mortgage don't appear to be over-extending their ability to re-finance. Older borrowers aged 75 or more only drew between 20 to 25 per cent of the value of their property, which compares to the ...

Govt drafts new credit regime

MICHAEL HOBBS  |  TUESDAY, 28 APR 2009
... year. ACL holders must meet a set of minimum standards before they can operate. Under the bill, banks, credit unions, finance companies and other lenders will be classified. Credit providers, credit advisers, mortgage brokers and credit brokers will ...

SEQUAL appoints first chief

... financial market sectors. Prior to heading up SEQUAL's education unit, Conlon was the head of education for the Mortgage and Finance Association of Australia (MFAA) where he designed and delivered education programs for mortgage brokers. Additionally ...
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