Monthly Archives: November 2013

Home ownership revealed as top priority

As read in The Advisor recently, it reported that 57% of Australians now rate owning a home or paying off their home sooner as their top priority, according to The Westpac Home Ownership report.   General Manager of Westpac mortgage broker distribution Tony MacRae said it is striking that people are prioritizing home ownership ahead […]

Con artists again impersonating ASIC

The Australian Broker Magazine reported Con artists are again impersonating ASIC in an effort to scam money out of consumers, according to the regulator, who’s warning Australians to be ‘wary’ of cold callers claiming to represent ASIC. “These offshore cold callers claim that your credit union, building society or bank have overcharged you and ask […]

FBT change creates confusion and additional work for brokers

In a recent article from the Australian Broker Magazine, a planned federal government change to fringe benefits tax (FBT) claims for cars would increase costs and the administrative burden for brokers and their clients, argues MFAA CEO, Phil Naylor. This has created confusion and will increase costs for member finance brokers dealing with clients on […]