The Finance Broker Association of Australia (FBAA) has said it is committed to educating the broader public on the benefits of mortgage brokers, in light of a number of negative media articles in the mainstream press.
The FBAA’s Peter White
said a recent opinion piece in the Herald Sun, which claimed brokers are “up to their eyeballs” in “murky backhand commissions and sweetheart deals” from the major banks, showed that the industry “cannot rest on its laurels”.
He said the association has already reached out to the Herald Sun journalist and will continue to be a positive voice for the industry across all media platforms.
“It is clear that some columnists have an anti-broker agenda, but other journalists simply don’t understand our role and the advantages to the consumer of using the services of a finance broker,” White said.
However, White said it is pointless getting upset at every misinformed article that appears in the media.
“Our work to inform, educate and present the facts is ongoing and overall, it must be noted that the vast majority of public information about the broking sector is positive,” he said.