ASIC Says Brokers Missed Cheaper Loans In 1 In 5 Cases - Law360 Australia

ASIC has warned mortgage brokers to improve their loan recommendations and complaints handling, saying seven major broker groups did not recommend the cheapest loan option in over 20% of cases in an industry review.

Oct 13, 2026 - 05:00
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ASIC Says Brokers Missed Cheaper Loans In 1 In 5 Cases - Law360 Australia
ASIC has warned mortgage brokers to improve their loan recommendations and complaints handling, saying seven major broker groups did not recommend the cheapest loan option in over 20% of cases in an industry review.

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