Morning Briefing: FBAA industry conference to hold awards night

This year's FBAA annual national conference will hold an awards ceremony for the first time... Homebuyers call Sydney housing market "unpredictable" and "irrational"...

FBAA industry conference to hold awards night  
This year's Finance Brokers Association of Australia (FBAA) annual national conference on November 25 will hold an awards ceremony for the first time.
 
Members are encouraged to nominate in the 15 categories of awards, showcasing the best brokers nationally in finance broking, mentoring, mortgages, motor finance and commercial asset finance. 
 
“We even have a special award for the Business Development Manager of the year to recognise the hard work they do for brokers," said the FBAA’s Peter White.
 
White said that while the conference was free for FBAA members, it is open to everyone across the industry. 
 
“The conference is ideal for brokers to gather, network, exchange ideas, and listen to some of the sharpest minds in not only the broking game but also small business who have a wealth of knowledge and advice.” 

Homebuyers call Sydney housing market "unpredictable" and "irrational"
Homebuyers are voicing concerns on Sydney's market after Tuesday night's midweek auctions. 

Sydney property auctions are very strong, with homebuyers calling the city's housing market "unpredictable" and "irrational" after a Tuesday night acution, an article in the Australian Financial Review reports. 

Four of five Bradfield Cleary's residential properties sold while one passed in at $3.45 million, at an auciton centre in Sydney's eastern suburbs. 

One property sold for the first time in half a century - a rare Victorian terrace bought for $4.425 million. 

"I can't work it out," one buyer who missed out said.

"The market is totally unpredictable, in values, in the readiness of people to buy. It's irrational and I think there's some people out there who are a bit afraid their houses won't sell."