FBAA Review

About FBAA

The Finance Brokers Association of Australia Limited (FBAA) is a national association that represents over 8,000 finance and mortgage brokers across Australia. The organization was established in 1992 and has since been committed to promoting the interests of its members while also advocating for the broader finance industry.

FBAA's primary objective is to provide support and guidance to its members, who are professionals in the finance industry. The association offers a range of services that help brokers stay up-to-date with industry trends, regulations, and best practices. Members have access to training programs, professional development opportunities, networking events, and other resources that help them grow their businesses.

One of FBAA's key strengths is its ability to represent the interests of its members at both state and federal levels. The association works closely with government bodies such as ASIC (Australian Securities & Investments Commission), APRA (Australian Prudential Regulation Authority), ACCC (Australian Competition & Consumer Commission), ATO (Australian Taxation Office) etc., on issues related to regulation and compliance.

FBAA also plays an important role in educating consumers about financial products and services. Through various initiatives such as consumer education campaigns, social media outreach programs etc., FBAA aims to promote transparency in the finance industry while also helping consumers make informed decisions about their finances.

In addition to supporting its members' professional growth and advocating for their interests at all levels of government, FBAA is also committed to promoting ethical business practices within the finance industry. The association has a strict code of conduct that all members must adhere to; this ensures that customers receive fair treatment from brokers who operate with integrity.

Overall, FBAA is an essential organization for anyone working in or interested in the Australian finance industry. With over 8,000 members across Australia representing diverse backgrounds within financial services including mortgage broking firms large or small; it provides valuable resources for professionals looking to grow their businesses while maintaining high standards of professionalism ethics throughout their operations.