Privacy & Security Policy
-
This policy applies to all employees, contractors, and clients of Specialist Broking, and outlines how we manage privacy and data security across our operations.
-
This policy defines how Specialist Broking collects, uses, stores, secures, and discloses personal and sensitive information in line with Australian law and financial services obligations.
-
Privacy Act 1988 (Cth) and the Australian Privacy Principles (APPs)
Notifiable Data Breaches (NDB) Scheme
Consumer Data Right (Open Banking)
ASIC and OAIC guidance on financial and personal information handling
-
We collect only what we need to provide lending and financial services. This may include:
Personal identification (e.g. name, DOB, contact details)
Financial details (e.g. income, assets, liabilities)
Employment and credit information
Sensitive information (e.g. health data if relevant to an application)
-
Directly from you (e.g. forms, calls, emails)
From third parties with your consent (e.g. accountants, real estate agents, employers)
Through secure digital services and integrations (e.g. bank feeds)
-
We use this information to:
Provide you with tailored credit assistance
Submit and manage applications with lenders
Meet compliance, legal, and regulatory obligations
-
We may disclose your information:
To lenders, aggregators (including Specialist Finance Group), and service providers
With your explicit consent
To legal or regulatory bodies as required
To offshore providers where necessary, ensuring APP 8 compliance*
-
We apply layered physical, administrative, and technical security controls:
Multi-factor authentication (MFA) for system access
Data encryption in transit and at rest
Regular secure backups with redundancy
Internal staff access control and training
Device and software patching
-
You have the right to:
Access personal information we hold about you
Request corrections or updates
Withdraw consent (where applicable)
Make a complaint if you believe your privacy has been breached
-
If you have questions about this policy or wish to access, correct, or lodge a concern regarding your personal information, please contact our Privacy Officer:
Daniel Jones, CEO & Founder
-
In the event of a data breach likely to cause serious harm:
We will contain and assess the breach immediately
Notify affected individuals and the OAIC as required by the NDB Scheme
Review and adjust systems to prevent recurrence
-
This policy is reviewed annually or in response to major changes in regulation, technology, or business process.
-
This policy is consistent with:
The MFAA's Code of Practice
Specialist Finance Group's credit reporting obligations
Current cybersecurity and privacy standards applicable to credit licensees and financial intermediaries in Australia
*Under APP 8, if Specialist Broking discloses personal information to an overseas recipient, we must take reasonable steps to ensure that the recipient does not breach the Australian Privacy Principles. This means vetting offshore providers, obtaining informed consent when required, and confirming that the overseas provider has adequate privacy protections in place. Specialist Broking remains accountable for how that information is handled overseas unless an exception applies.