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Vivienne Kelly
The Mortgage & Finance Association of Australia’s (MFAA) national convention officially opened in Sydney yesterday, with both the CEO and president of the industry body congratulating brokers on their high professional standards.
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The association’s president, Martin Leedham, opened the convention and told attendees that 93 per cent of the MFAA’s existing brokers had now completed the Diploma.
MFAA CEO, Phil Naylor, said the conference will focus on ‘challenging change’ and that most brokers had adapted well to the MFAA’s requirements.
“We were criticised a bit with the Diploma. Those who were at the Adelaide Conference last year will recall I got a resounding cheer when I pushed back the deadline by six months, and then I got a lot of jeers from people who had already done it and couldn’t understand why other people had been given the opportunity to have extra time,” he said.
Mr Naylor said that 250 of the 1,100 members who missed the Diploma deadline have now had their membership re-instated because they’ve now completed the requirement.
“We think that the 93 per cent might go a little bit higher. We’re not going to get to 100 per cent – but that was always something we knew,” said Mr Naylor. “This was only for people who really wanted to engage and push our standards higher.”
Mr Naylor congratulated those who had completed the Diploma and said brokers can look forward to an exciting and engaging conference.
