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ISCOVER
Staff Reporter
The Finance Brokers Association of Australia’s (FBAA’s) president Peter White has said he was not surprised to see so many brokers forfeit their membership of the MFAA by not completing their Diploma.
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Speaking to The Adviser, Mr White said while the FBAA supports further education in mortgage broking, a two-day diploma course is a “joke”.
“Having a diploma does not make a broker more professional,” Mr White said, “especially when that course can be completed in two days.
“If brokers want to take part in further education, they should learn from it. Imagine if it were possible to become a brain surgeon in two days. Everyone would be one.
“At the FBAA, we encourage brokers to take part in further studies, but only if those studies help make them a better broker.
“I believe education is important, which is why we require all our brokers to have a Certificate IV.”
