Impact to Brokers

The proposed reform would reduce the average mortgage broker salary to around $40k.

Commission trails make up around half of the average mortgage broker salary. Could you and your family survive a 50% pay cut?

Mortgage brokers make up 20,000 small businesses, creating more than 2700 full-time equivalent jobs.

That’s a lot of people potentially laid off, businesses shut down and commercial shopfronts vacated if this reform goes ahead.

Take action

Join us in voicing concerns over the proposed changes to our industry.