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FBAA calls on brokers to heed COVID-19 directions

by Annie Kane11 minute read
FBAA calls on brokers to heed COVID-19 directions

The broker association is encouraging brokers to familiarise themselves with COVID-19 regulations and government directions as the country opens up in earnest.

The managing director of the Finance Brokers Association of Australia (FBAA), Peter White AM, has written to broker members highlighting the need for brokers to familiarise themselves with COVID-19 “regulations and requirements” to “protect our industry and ourselves”.

In a note to members, Mr White outlined that while restrictions are easing, governments have put regulations in place to “ensure that people are kept as safe as possible” and urged brokers to ensure that they are across these rules. 

“It is important that members are aware of these regulations and requirements, particularly as we are an industry that has close personal contact with people in their homes and workplaces,” he said.

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“Brokers are very busy at the moment as the housing market thrives in most places across Australia, so we urge you to follow the directives in your state and ensure that we protect our reputation and keep the support of government. 

“We also want to see you and your clients remain safe and well.”

The FBAA MD also noted that many states have fewer restrictions for vaccinated people, and that those who are unvaccinated may “encounter health directives with respect to numbers of guests at residences, travel restrictions, social distancing requirements and the like”. 

“As a national association, many members travel interstate and as state borders open, it is prudent to stay informed of the regulations and procedures not only in your state but in any state you visit, including requirements upon your return. There are still delays entering some states, even for returning residents,” Mr White told FBAA members.

The association head emphasised that there may also be “professional indemnity or other insurance issues depending on you and your employees’ vaccination status, particularly around WH&S obligations to ensure a safe place of work” and therefore recommended brokers to check these rules with their relevant provider.

Mr White continued: “So, let’s work together to protect our industry and ourselves, and ensure we don’t attract the wrong sort of publicity and attention. 

“On a personal note, I urge you to pay attention to your personal health and wellbeing as we enter another unknown season, and to look out for one another. 

“We still don’t know what is ahead of us, and as I have always said, our industry is only as strong as our people.”

As at the time of writing, 89.9 per cent of people over the age of 16 have had at least one dose of a COVID-19 vaccine, and 81.9 per cent of people over the age of 16 are fully vaccinated, according to the federal government’s Department of Health.

[Related: Brokers must vaccinate: FBAA]

peter white

AUTHOR

Annie Kane is the managing editor of Momentum's mortgage broking title, The Adviser.

As well as leading the editorial strategy, Annie writes news and features about the Australian broking industry, the mortgage market, financial regulation, fintechs and the wider lending landscape.

She is also the host of the Elite Broker, New Broker, Mortgage & Finance Leader, Women in Finance and In Focus podcasts and The Adviser Live webcasts. 

Annie regularly emcees industry events and awards, such as the Better Business Summit, the Women in Finance Summit as well as other industry events.

Prior to joining The Adviser in 2016, Annie wrote for The Guardian Australia and had a speciality in sustainability.

She has also had her work published in several leading consumer titles, including Elle (Australia) magazine, BBC Music, BBC History and Homes & Antiques magazines.  

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