The hidden problem in the $6.2 billion mortgage broker industry

A fresh industry review held by the Australian Securities and Investments Commission (ASIC) discovered that 20 per cent of brokers did not recommend the lowest-cost loan option to homebuyers.

Oct 12, 2026 - 23:00
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The hidden problem in the $6.2 billion mortgage broker industry
A fresh industry review held by the Australian Securities and Investments Commission (ASIC) discovered that 20 per cent of brokers did not recommend the lowest-cost loan option to homebuyers.

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