The federal minister for superannuation and corporate law has praised the MFAA for elevating industry standards and for its help in shaping the new consumer credit laws.
“I value the important work that the MFAA plays in elevating the role and standards of your industry. And I particularly appreciate your focus on promoting professionalism for your members and excellence for the benefit of your customers,” Nick Sherry said at the MFAA conference on the Gold Coast last week.
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Mr Sherry also spoke enthusiastically about the incoming legislation.
“This will be a decisive moment. For the first time, Australia will have one standard national regime, which applies equally to all credit consumers and credit providers, right across the nation.”