With the Melbourne and Adelaide legs of NAB’s Knowledge is everything series sold out, and receiving great feedback from brokers, the road show moves on to Sydney, Brisbane and Perth next week.
With Sydney selling out within days, the event organisers have announced the move to a new venue in Darling Harbour. In order to accommodate the 600-plus brokers who have already registered, the event will move to Sydney’s Dockside Pavilion. This sensational venue is Sydney’s premiere event space, anchored on a floating pontoon at Convention Wharf in Darling Harbour.
The road show, hosted by NAB Broker and Advantedge in partnership with The Adviser, is travelling to all capital cities with the first event kicking off in Melbourne on Tuesday.
NAB’s Executive General Manager of Broker Partnerships, Anthony Waldron, said industry feedback since the announcement of the events had been overwhelmingly positive.
“We’re pleased that the industry is getting behind the idea of being better informed around these changes, what they mean for brokers and customers and what the lending community is working towards,” said Mr Waldron.
“We’re seeing some productive discussions come out of the events, and hope brokers are able to take away valuable insights on how to turn these challenges into an opportunity for their business.”
The events come partly in response to APRA’s new guidelines to major Australian lenders to adjust their lending policies and serviceability measures in response to rapid growth in the residential property market. The regulator has also requested that major banks increase their capital holdings by mid-2016, meaning the costs of lending will increase as banks raise the amount of reserves they hold against loans they are exposed to.
The MFAA has thrown its support behind the events, allocating two hours of CPD points for all brokers who attend.
The events bring together speakers from the executive teams at NAB Broker and Advantedge to explain the economic and regulatory drivers behind the changes, and what to expect going forward. Speakers will also be joined by award-winning animator Brett Bower, who will add a creative element to the sessions.
Mr Waldron said the events demonstrated NAB’s ongoing commitment to the broker channel. “By empowering brokers with the best market intelligence, we hope to be able to reduce the level of confusion in the industry around the changing lending environment,” he said.
“We see these events as essential in helping brokers to confidently and clearly communicate lending changes to their customers.”
With the final few seats now available for Sydney, Brisbane and Perth, register today for the Knowledge is everything – Making Sense of Industry Changes events series.