Adelaide Bank
Residential Upfront 0.715
Trail 0.165
Adelaide Bank (Commercial)
Commercial Upfront 0.66
Trail 0.275
Allianz Insurance
Insurance Upfront 10 For every insurance policy taken out as a result of a client referral, the Connective broker will receive up-front and trail commission at the rates below. The commission is calculated on the base premium, which excludes stamp duty, fire services levy, GST and other Government taxes, charges or levies. Commission Rates Class of Insurance Business Home Insurance - 10% paid at inception of new policy and 10% paid on renewal Landlord Insurance - 10% paid at inception of new policy and 10% paid on renewal Prestige Motor Insurance - From 1/6/2016 not available for new policies and 8% on renewal of existing policies. Classic Motor Insurance - From 1/6/2016 not available for new policies and 4% on renewal of existing policies. Motor Insurance - From 1/6/2016, 4% on inception of new policies and 4% on renewal of existing policies. Caravan and Trailer Insurance - 4% on inception of policy and 4% on renewa.l
Trail 10 Refer to Upfront for renewals
AMP
Residential Upfront 0.715 Base Upfront 0.66% Affinity and Select products will be paid an upfront of 0.33% only LOC Facilities: Upfront paid based on 75% of the net facility amount Upfront includes Connective Online Lodgement Bonus 0.055% No Upfront is paid on the AMP First Home Loan
Trail 0.187 Effective on loans settled on or after 01/05/2010 Affinity and Select products will be paid at 0.165% No trail is paid on the AMP First Home Loan
ANZ
Residential Upfront 0.715 Effective for loans that settle from 1 August 2016 - 0.6875% Base Upfront including Connective Sales Volume Incentive (0.055%) Additional upfront commission paid on a per deal basis: - 0.0275% is added to base commission if the LVR is 80% or less. Effective for loans settled that settled before 1 August 2016 - 0.6325% Base Upfront including Connective Sales Volume Incentive (0.0825%) Additional upfront commission paid on a per deal basis: - loans with an LVR <=75% and loan size >=$350k and <$500k will receive an additional upfront 0.055%, and - loans with LVR <=75% and loan size >=$500k and <$2million will receive an additional upfront 0.11% For all Line of Credit Products ANZ pay up to 75% of the approved limit. Refer Commission Guide for more information.
Upfront 1.65 ANZ Personal Loans
Trail 0.22 Effective on loans settled on or after 15 August 2008* Trail in the first 3 years is 0.165% increasing to 0.22% in year 4 and beyond.
Trail 0 Trail is not paid on ANZ Personal Loans
ANZ (Commercial)
Commercial Upfront 0.55 Nil - For Loans up to $50,000 0.55% Commission payable for loans greater than $50k up to $2.5 mil 50% of the Loan Approval Fee for loans greater than $2.5 mil *Note: ANZ commercial does not pay trail on all their Eligible Lending product. Refer to the Commission Guide in Mercury for more information.
Trail 0.2 Trail payable for loans greater than $50k up to $15mil. Nil trail for loans over $15mil unless agreed in writing with ANZ
Australian First Mortgage
Residential Upfront 0.65 Pepper Prime
Upfront 0.715 Value Option, Secure Option NGS, Secure Option Std, Flexible and Premium Option
Upfront 0.77 Complete Option
Upfront 0.55 Alliance Option
Trail 0.15 Value Option, Flexible, Secure Option NGS, Secure Option std, Pepper Prime & Premium Option
Trail 0.165 Complete Option
Trail 0.275 Alliance Option
Australian Life Insurance
Residential Upfront 30 Effective 1 October 2015. Life Insurance Products: Up to 30% of annualised new business premium. General Insurance: Up to 18% of net premiums received on introduced policies. Refer to the Commission Guide for more information. Connective retains 10% of all calculated upfront commissions.
Trail 0.135 Effective 1 October 2015 Life Insurance Products: Up to 13.5% on going trail. Refer to the Commission Guide for more information. Connective retains 10% of all calculated trail commissions.
Auswide Bank
Residential Upfront 0.77
Trail 0.2
Bank of Melbourne
Residential Upfront 0.715 Interim Upfront Commission - Has been extended from 1st February 2014 until further notice for new and existing residential loan increases that settle, Bank of Melbourne will pay 0.715%. The current conversion incentive has been discontinued until further notice.
Trail 0.165 Effective for loans settled 1 September 2011* Year 1 and life of loan 0.165%
Bank of Melbourne (Commercial)
Commercial Upfront 0.605 Upfront - calculated on the amount of aggregated customer facilities with commission paid, on loan products in their Approved Product List, as follows: * Loan of $0 to $250,000 - nil upfront commission. * Loan of $250,001 to $2,500,000 - up to 0.605% of the facility limit. * Loan amount of $2,500,001 and above - up to 50$ of the establishment fee. These upfront commission amounts are subject to a maximum payable of $45,000 or as otherwise negotiated on each referred transaction and is calculated on total amount of finance facilities approved and settled. Refer to the Commission Guide in Mercury for further information including a list of loan products on their Approved Product list.
Trail 0.275 $0 - $250,000 - nil $250,001 and above - trail up to 0.275% Refer to the Commission Guide in Mercury for further information including a list of loan products on their Approved Product List.
Bank of Queensland
Residential Upfront 0.715
Trail 0.242 Trail commission is payable as follows: Years 1 to 3 - 0.165% Year 4 - 0.22% Years 5 and on - 0.242%
Bank of Queensland (Commercial)
Commercial Upfront 0.605 Upfront varies based on the loan amount. For loans less than $3 miilion upfront is 0.605% of the facility limit. For loans above $3 million, 0.66% of the loan establishment fee is paid. Refer to the Commission Guide in Mercury for more information.
Trail 0.33 Basic trail is 0.275% (incl. GST). Additional trail can be paid to a maximum of 0.33% (incl. GST). Refer to the Commission Guide in Mercury for more information.
Bank SA
Residential Upfront 0.715 Interim Upfront Commission - Has been extended from 1st February 2014 until further notice for new and existing residential loan increases that settle, Bank SA will pay 0.715%. The current conversion incentive has been discontinued until further notice.
Trail 0.165 Effective for Loans settled 1 September 2011* Year 1 and life of loan: 0.165%
Bank SA (Commercial)
Commercial Upfront 0.605 Upfront - calculated on the amount of aggregated customer facilities with commission paid, on loan products in their Approved Deposit List, as follows: * Loan of $0 to $250,000 - nil upfront commission. * Loan of $250,001 to $2,500,000 - up to 0.605% of the facility limit. * Loan amount of $2,500,001 and above - up to 50% of the establishment fee. These upfront commission amounts are subject to a maximum payable of $45,000 or as otherwise negotiated on each referred transaction and is calculated on total amount of finance facilities approved and settled. Refer to the Commission Guide in Mercury for further information including a list of loan products on their Approved Product List.
Trail 0.275 $0 - $250,000 - nil $250,001 and above - trail up to 0.275% Refer to the Commission Guide in Mercury for further information including a list of loan products on their Approved Product List.
Bankwest
Residential Upfront 0.77 Commission of 0.77% effective on loans settled on or after 1 August 2013 Commission is calculated and capped on a maximum loan of $3 million.
Trail 0.275 Trail effective on loans settled on or after 1 August 2013 Year 1 = Nil Year 2 = 0.165% Year 3 = 0.22% Year 4 = 0.22% Year 5 + = 0.275%
Bankwest Business
Commercial Upfront 0.55 Effective 5 August 2016 Commercial Lending Less than $25,000 - nil $25,000 to $150,000 - A fixed payment of $500 (plus GST) per lending deal between $25,000 and $150,000 $150,000 to $3 million - 0.55% Greater than $ 3 million - 50% of the establishment fee received by the bank Asset Finance Not greater than 4% of amount financed Refer to the Commission Guide in Mercury for more information.
Trail 0.275 Commercial Lending Less than $150,000 - nil $150,000 to $3 million - 0.275% per annum Greater than $3 million - Negotiable to a maximum limit of 0.275% per annum. Trail will increase to 0.33% per annum with 3 cross sells in addition to the loan. Refer to the Commission Guide in Mercury for more information.
Better Choice Home Loans
Residential Upfront 0.715 Fair Go Loans (Variable, LOC, Lo Doc, Fixed Rates) - 0.715% Star Pack Loans (Variable, Fixed Rates) - 0.715% Vista Loans (Horizon, Standard, Specialist) - 0.715% Choice Reward (Full Doc, Fixed) - 0.66% Choice Assist - 0.66% For further information refer to the Commission Guide.
Trail 0.165 Fair Go Loans (Variable, LOC, Lo Doc, Fixed Rates) - 0.165% Star Pack Loans (Variable, Fixed Rates) - 0.165% Vista Loans (Horizon, Standard, Specialist) - 0.165% Choice Reward (Full Doc, Fixed) - 0.165% Choice Assist - 0.165% For further information refer to the Commission Guide
Better Mortgage Management
Residential Upfront 0.715 These loans are paid an upfront of 0.715% - ABL Term Loan (100% Offset) - ABL Alt Doc (100% Offset) - Premium NGS These loans are paid an upfront of 0.66% - Capital Specialist PROMO - Capital Specialist Gold Full/Alt Doc - CapCOMM Plus Full/Alt Doc - Credit Gold - Credit Power Pack Alt Doc - Flexi Ultimate - Premium NRAS - Premium Specialist Full/Alt Doc The following loan is paid an upfront of 0.605% - Flexi One Full/Alt Doc Refer to the Commission Guide in Mercury for more information.
Trail 0.165 All BMM loans are paid a trail of 0.165% with exception of Credit Gold & Credit Power Pack Alt Doc loans which are paid a trail of 0.11% and Premium NGS & Premium Specialist Full Doc which are paid a trail of 0.22% Refer to the Commission Guide in Mercury for more information.
Better Mortgage Management (Commercial)
Commercial Upfront 0.66
Trail 0.165
Bluebay Home Loans
Residential Upfront 1.1 Effective 01/06/2017 This loan is paid an upfront of 1.10% - Bluebay (Adelaide Bank) Balanced Discounted home loan. These loans are paid an upfront of 0.77% - Bluebay (Adelaide Bank) home loans, Bluebay (Resimac) Specialist Lending home loans. For Adelaide Bank LOC, upfront calculated on 75% of approved limit or actual amount drawn at setlement whichever is greater. These loans are paid an upfront of 0.66% - Bluebay (Adelaide Bank) Bonus Saver home loans & Parent Assist home loan. Bluebay (Resimac) home loans, Bluebay (Altitude) home loans.
Trail 0.165 Effective 01/06/2017 This loan is not paid a trail - Bluebay(Adelaide Bank) Balanced Discounted home loan. These loans are paid a trail of 0.11% - Bluebay (Adelaide Bank) Bonus Saver home loans, Bluebay (Resimac) home loans. These loans are paid a trail of 0.165% - Bluebay (Adelaide Bank) home loans, Bluebay (Resimac) home loans, Bluebay (Resimac) Specialist Lending home loans, Bluebay (Altitude) home loans.
Commercial Upfront 0.55 The Bluebay (Adelaide Bank) Smart Suite Commercial loans
Bluestone
Residential Upfront 1.65 Effective 01 October 2015, the following upfront commissions apply. The broker can select an upfront/trail option or upfront option only for the following products: Clean Slate, Lite Blue & Business Easy products Option 1 - 1.65% upfront with no trail Option 2 - 0.77% upfront and trail of 0.275% For the Crystal Blue product Option 1 - 1.10% upfront with no trail Option 2 - 0.77% upfront and trail of 0.165%
Trail 0.275 Effective 01 October 2015, the following trail commissions apply The broker can select an upfront/trail option or upfront option only for the Clean Slate, Lite Blue & Business Easy products Option1 - No trail Option 2 - Trail of 0.275% For the Crystal Blue product Option 1- No trail Option 2 - 0.165%
Citibank
Residential Upfront 0.715 Line of credits on settlement date. Commission paid will be based on higher of principal balance or 70% of credit limit.
Trail 0.165 Trail is paid on following loans at 0.11% - Standard Variable - Premium Variable - Line of Credit
Collins Home Loans
Residential Upfront 0.66 Standard Variable Product paid at 0.363%
Trail 0.22 Below trail are paid at 0.11% - Premium Variable, Line of Credit, Standard Variable
Commonwealth Bank
Residential Upfront 0.715 Effective for Upfront payments from 1 January 2015, brokers can select one of two plans: PLAN A Base- 0.55% Quality Metric - 0.165% Total Commission - 0.715% Diamond Brokers - 0.715% PLAN B Base - 0.495% Quality Metric - 0.165% Total Commission - 0.66% Diamond Brokers - 0.66% Line of Credits are calculated on 75% of the Approved Limit Note: Minimum Loan amount is $50,000 for commission to be paid Refer to the Commission Guide in Mercury for more information.
Trail 0.275 Effective for trail payments from 1 January 2015, brokers can select one of two plans: PLAN A Years 1 to 3 - 0.165% Tear 4 onwards - 0.22% PLAN B Year 1 - 0.11% Year 2 - 0.165% Year 3 - 0.22% Year 4 onwards - 0.275% Refer to the Commission Guide in Mercury for more information.
Referrer Upfront 0.5 0.5% flat of approved facility limit payable on initial draw down. Payment capped at $25,000
Leasing/Consumer Upfront 0.55 VBI paid monthly in arrears VBI Clawback Clawback or refinance within 6 months - 100% 2 months in arrears within first 12 months 100% Payout or refinance > 6 months within 12 months - 50% 2 months in arrears >12 months within18 months - 50% Maximum Brokerage 4.00%
Commonwealth Bank (Commercial)
Commercial Upfront 0.55 0.55% for loans between $150,000 and $3 Mil. Upfront may vary as a percentage of the application fee depending on size of loan for loans above $3 Mil
Trail 0.275 For loans above $3Mil, Trail may vary depending on rate quoted.
Connective HL Advantedge Essentials
Residential Upfront 0.77
Trail 0.165
Connective HL Macquarie Smart Options
Residential Upfront 0.77
Trail 0.1925
Deposit Power
Residential Upfront 22 20% of the fee collected for Short Term Deposit Guarantee + GST 15% of the fee collected for Long Term Deposit Guarantee + GST
Firefighters Mutual Bank
Residential Upfront 0.66
Trail 0.22
FirstMac
Residential Upfront 0.66
Trail 0.165
Gateway Credit Union
Residential Upfront 0.715 From 1 September 2015, Upfront of 0.715% will be paid on the following home loans: - Standard Variable/Fixed loan - Premium Package Variable/Fixed loan - Land Variable/Fixed loan - Construction loan - Low Rate Essentials Home Loan EquiSmart Line of Credit will be paid an upfront of 0.495% Up to 31 August 2015 Upfront of 0.66% was paid on the following home loans: - Low Rate Plus Package Variable/Fixed loan - Premium Package Variable/Fixed loan - Standard Variable/Fixed loan - Construction Variable loan - Land Loan Variable/Fixed loan EquiSmart Line of Credit was paid an Upfront of 0.495% which is calculated on credit facility limit. Low Rate Essential Variable is paid an upfront of 0.605%
Trail 0.22 From the 1 September 2015 trail will be paid on home loans as follows: 0.165% in Year 1 (the first year) and beyond on - Standard Variable/Fixed loan - Premium Package Variable/Fixed loan - Land Loan Variable/Fixed loan - ConstructionlLoan - Low Rate Essentials loan The following loan will be paid trail of 0.22% in Year 1 (the first year) and beyond - EquiSmart (Line of Credit) Up to the 31 August 2015, trail was paid on home loans as follows: 0.22% in Year 1 (the first year) and beyond on - Standard Variable/Fixed - Construction Loan Variable - Land Loan Variable/Fixed - EquitiSmart Line of Credit The following loans are paid a trail of 0.165% in Year 1 (the first year) and beyond - Low Rate Plus Package Fixed - Premium Variable/Fixed The following loans are paid a trail of 0.11% in Year 1, 0.165% in Year 2, 0.22% in Year 3 and beyond - Low Rate Essential - Low Rate Plus Package Variable
GE Money
Residential Upfront 1.1 Except for those loans that are classified Risk Level 1 and have an LVR up to 80%, then 0.77% is payable. Flexible options paid at 0.77% *inactive*
Trail 0.385 trail is paid at 0.385% for levels 1 and 2 and 0.495% for levels 3,4,5. *inactive*
Heritage Bank
Residential Upfront 0.715 Upfront increased from 0.605% to 0.715% effective 1 June 2015.
Trail 0.275 0.165% for year 1 and 2 0.22% for year 3 0.275 for year 4 and beyond.
Homeloans
Residential Upfront 0.77 0.66% - Accelerate, FlexiChoice, FlexiChoice Prime, ProSmart, MoniPower and Classic loan products. 0.77% - Optima, Ultra Plus Loan products. Refer to the Commission Guide in Mercury for more information.
Trail 0.165 Trail of 0.165% is paid on MoniPower, Classic SMSF, ProSmart, Accelerate & FlexiChoice products Trail of 0.11% is paid on MoniPower 2 & 3 year fixed, Ultra Plus, Optima, Classic & FlexiChoice Prime products No trail is paid on the MoniPower LOC product Refer to the Commission Guide in Mercury for more information.
HomeStart Finance
Residential Upfront 0.44 For all loans minimum upfront commission is $440 (incl GST) Upfront commission is not payable for Home Equity Loans.
Trail 0.165 0.165% (Incl GST)
iConnect Financial Essentials (by Connective Home Loans)
Residential Upfront 0.77
Trail 0.165
IMB Bank
Commercial Upfront 0.66
Trail 0.275
ING Direct
Residential Upfront 0.825 Effective for settlements from 1 January 2016, upfront will be paid as follows: Where loan has an LVR less than or equal to 60% - 0.77% Where loan has an LVR greater than 60% and less than or equal to 80% - 0.66% Where loan has an LVR greater than 80% - 0.55% Bonus Fee - Where a loan is owner occupied and Orange Advantage product taken an additional 0.055% will be paid for loans settling from 1 July 2016 . Refer to the Commission Guide in Mercury for further information.
Trail 0.22 Trail commission 0.165% years 1-3. Years 4 and above 0.22%
ING Direct (Commercial)
Commercial Upfront 0.715 Effective for settllements from 1 January 2016, upfont will be calculated at 0.715%
Trail 0.22 Trail commission 0.165% years 1-3. Years 4 and above 0.22%
Keystart Home Loans
Residential Upfront 0.55 Effective for deals submitted from 1st January 2015. Before this date the upfront payable was 0.45%.
Trail 0.11
La Trobe Financial
Residential Upfront 0.55 Upfront can be reduced by broker to reduce application fee paid by the borrower For the P2C loan product refer to the Commission Guide in Mercury as the Upfront will differ dependent on the loan structure.
Trail 0.275
Commercial Upfront 0.55
Trail 0.275
Latitude Financial Services
Consumer Upfront 15 Brokerage - 15% of the net amount financed, capped at $990 which is paid at settlement direct to the broker. Commission - 2.50% of the GE Personal loan (GEPL) amount to a maximum amount of $1300 which is paid to Connective within 10 days of the end of the month in which the GEPL settled. Refer to the Comission Guide in Mercury for more information.
Lifebroker
Residential Upfront 0 Upfront: Lifebroker will remit 55% of the upfront commision that Lifebroker receives from the relevant issuer to Connective. Connective will retain 10% of the upfront commission and pay the balance to the broker - 45% of the upfront commission.
Trail 0 Trail: Lifebroker does not pay an ongoing trail
LJ Hooker - Macquarie
Residential Upfront 0.75
Trail 0.15 If investment then 0.20% trail
Loan Ave
Residential Upfront 0.66 Upfronts: Platinum Suite: Basic - 0.55% Premium Suite: Basic - 0.55%, Reduced - 0.66% Flexi Suite: Prime - 0.55%, Non-Conforming - 0.66% Ultra Suite: Prime - 0.66%, Non-Conforming - 0.55% Advantage Suite - 0.55% Refer to Commission Guide in Mercury for more information.
Trail 0.275 Trail: Platinum Suite: Basic - 0.165% Premium Suite: Basic & Reduced - 0.165% Flexi Suite: Prime - 0.165%, Non-Conforming - 0.275% Ultra Suite: Prime - 0.165%, Non-Conforming - 0.22% Advantage Suite: 0.165% Refer to the Commission Guide in Mercury for more information. * For Premium Suite - current <80% special same upfronts, however, a reduced trail of 0.10% pa from day one.
Macquarie Bank
Residential Upfront 0.715 Home Loans 0.715% Insurance Products Initial fee of 12% (plus GST) of the premium paid by the customer
Trail 0.22 Home Loans Trail for years 1-3 = 0.165% Trail for years 4 plus = 0.22% For the Macquarie Bank Flyer Home Loan products the trail is a flat 0.165% from year 1 on. Insurance Products Trailer Fee of 12% (plus GST) of the premium paid by the customer on each renewal of the insurance following year one, and continue to be paid each year that the customer maintains the product
Macquarie Bank (Commercial)
Commercial Upfront 0.55 For Loans less than $500,000 no upfront is paid. For loans of $500,000 and above the upfront paid is dependent on the New Loan product. For some New Loan Products the broker will be paid a percentage of the Establishment Fee. Refer to Commission Guide in Mercury for more information.
Trail 0.33 For Loans less than $500,000 no trail is paid. For loans of $500,000 and above the trail is paid dependent on the New Loan product. Refer to Commission Guide in Mercury for more information.
ME Bank
Residential Upfront 0.715 Upfront increased from 0.66% to 0.715% effective from 1 July 2015
Trail 0.165
Merchant Mortgages (Commercial)
Commercial Upfront 0 100% of the acceptance fee. Refer to the Commission Guide in Mercury for more information.
Trail 0 Year 1 - 100% of annual margin Year 2 - 100% of annual margin Ongoing - 100% of annual margin Refer Commission Guide in Mercury for more information.
MKM Capital
Residential Upfront 1 1.00% inc GST - 6+6 2 year loan 0.50% inc GST - 30 year loans
Trail 0.3 Nil - 6+6 2 year loan 0.30% incl GST - 30 year loans
MyState
Residential Upfront 0.715 For further information refer to Commission Guide
Trail 0.187 For further information refer to Commission Guide
Commercial Upfront 0.495 Calculated on net funded loan contract amount. Not exceeding $1 million - 0.44% Exceeding $1 million - 0.495%
Trail 0.187 For further information refer to Commission Guide
NAB
Residential Upfront 0.715 Effective for loans settled from 01/01/2012 Lines of Credit are calculated on 75% of the Approved Limit
Trail 0.33 For loans settled from 01/01/12 to 30/09/14 the following trail applies Year 1 = 0% Year 2 = 0.165% Year 3 = 0.22% Year 4 = 0.275% Year 5 = 0.33% Year 6 on = 0.385% For new loans settled from 01/10/14 the following trail applies Years 1 & 2 = 0.165% Year 3 = 0.22% Year 4 = 0.275% Year 5 on = 0.33%
NAB (NPS & IIA)
Residential Upfront 0.66 Line of Credits: 60% of approved limit. National Australia Bank does not pay Upfront commission on all their loan products. Refer Commission Guide in Mercury for more information.
Trail 0
Commercial Upfront 0.495 Upfront may vary depening on product and application fee collected. National Australia Bank does not pay Upfront commission on all their loan products. Refer Commission Guide in Mercury for more information.
Newcastle Permanent Building Society Limited
Residential Upfront 0.605
Trail 0.198
P & N Bank
Residential Upfront 0.715 For loans formally approved from the 7th April 2017, upfront commission is payable as follows: If the LVR is 80% or less - 0.715%. If LVR is greater than 80% but less than or equal to 95% - 0.55%. If LVR is above 95% - 0.00% (nil) For loans formally approved before the 7th April 2017. Upfront commission is payable as follows: If LVR is 80% or less - 0.77%. If LVR is greater than 80% but less than or equal to 95% - 0.55%. If LVR is 95% is above - 0.44%
Trail 0.22 Year 1 = 0.11% Year 2 = 0.165% Year 3 and onwards = 0.22%
Paramount Mortgage Services
Residential Upfront 1.1 Upfront varies depending on loan product selected starting from 0.50%. Refer to the Commission Guide in Mercury for more information.
Trail 0.22 Trail varies depending on the loan product selected and ranges from nil to 0.22%. Refer to the Commission Guide in Mercury for more information.
Paramount Mortgage Services (Commercial)
Commercial Upfront 0.55 Upfront varies depending on the loan product selected. Refer to the Commission Guide in Mercury for more information.
Trail 0.2 Trail varies depending on the loan product selected and ranges from nil to 0.20%. Refer to the Commission Guide in Mercury for more information.
Pepper Money
Residential Upfront 0.803 For loan applications lodged and settled after 1 April 2015, for the Pepper Prime Full documentation, Full documentation PLUS and Pepper Prime Alternative Documentation and Alternative Documentaton Plus home loans.
Upfront 0.66 For loan applications lodged and settled after 1 April 2015, for Pepper Non-Conforming Product Suite including Pepper Easy Suite of Products, Pepper Advantage Suite of Products and Pepper Self-Employed Suite of Products.
Upfront 0.66 For loan applications lodged and settled prior to the 1 April 2015.
Trail 0.22 For loan applications lodged and settled prior to 1 April 2015.
Trail 0.165 For loan applications lodged and settled after 1 April 2015, for the Pepper Prime Full documentation, Full documentation PLUS and Pepper Prime Alternative Documentation and Alternative Documentation Plus Home loans.
Trail 0.22 For loan applications lodged and settled after 1 April 2015, for the Pepper Non-Conforming Product Suite including Pepper Easy Suite of products and Pepper Advantage Suite of Products and Pepper Self-Employed Suite of Products.
Trail 0.22 For loan applications lodged and settled after 1 April 2015, for Pepper Non-Conforming Product Suite including Pepper Easy Suite of Products, Pepper Advantage Suite of Products and Pepper Self-Employed Suite of Products.
St George Bank
Residential Upfront 0.715 Interim Upfront Commission - Has been extended from 1st February 2014 until further notice for new and existing residential loan increases that settle, St George will pay 0.715%. The current conversion incentive has been discontinued until further notice.
Trail 0.165 Effective for loans settled 1 September 2011* Year 1 and life of Loan: 0.165%
Referrer Upfront 0.33
Trail 0.11 Trail commission only applies and is paid from year 2 onwards. No trail commission is paid in year 1.
Consumer Trail 0.55
Consumer Upfront 1.1
St George Bank (Commercial)
Commercial Upfront 0.605 Upfront - calculated on the amount of aggregated customer facilities with commission paid, on loan products in their Approved Product List, as follows: * Loan of $0 to $250,000 - nil upfront commission. * Loan of $250,001 to $2,500,000 - up to 0.605% of the facility limit * Loan amount of $2,500,001 and above - up to 50% of the establishment fee. These upfront commission amounts are subject to a maximum payable of $45,000 or as otherwise negotiated on each referred transaction and is calculated on total amount of finance facilities approved and settled. Refer to the Commission Guide in Mercury for further information including a list of loan products on their Approved Product List.
Trail 0.275 $0 -$250,000 - nil $250,001 and above - trail up to 0.275% Refer to the Commission Guide in Mercury for further information including a list of loan products on their Approved Product List.
Suncorp (Commercial)
Commercial Upfront 0.55 Refer to the Commission Guide for more information on Upfronts payable on their business loans.
Trail 0.275 Up to 0.275% . Refer to the Commission Guide for more information on Trail payable on their business loans.
Suncorp Bank
Residential Upfront 0.715 For loan applications received after 17 December 2015 the upfront commission paid will be 0.715%. * Suncorp removed the Conversion hurdle and corresponding bonus on 1 August 2014 resulting in an increase to the Base Up front commission
Trail 0.275 Effective for settlements from 27 February 2015 Trail Year 1,2 & 3 0.165% Trail Year 4 + 0.275% Note: Year 4+ trail increased from 0.22% to 0.275% for new loans settling from 27 February 2015
Teachers Mutual Bank
Residential Upfront 0.66
Trail 0.22
The Rock Building Society
Residential Upfront 0.715 Effective for all loans from 1 April 2015
Trail 0.187 Effective for all loans from 1 April 2015
UniBank
Residential Upfront 0.66
Trail 0.22
Virgin Money
Residential Upfront 0.66
Trail 0.22
Westpac
Residential Upfront 0.715 Effective for settlements on or after 1 May 2014 75% of approved LOC Limit
Trail 0.165 Effective from settlements on or after 1 June 2008
Referrer Upfront 0.33 Please note that under the Mortgage Alliance Agreement, Connective retain 15% of all commissions received.
Trail 0.11 Please note that under the Mortgage Alliance Agreement, Connective retain 15% of all commissions received. Trail commences month 13
Leasing Upfront 0.55 - VBI Paid monthly in arrears - VBI Clawback - TBA - Commission Clawback - TBA - Maximum Brokerage - 4.00% * Minimum group volume requirement of $400,000 per month
Westpac (Commercial)
Commercial Upfront 0.55 Under Westpac's Broker Accredited commission model Upfront is paid on eligible commercial loan products to a maximum of 0.55% depending on the loan product selected. Under Westpac's Referrer Accredited model Upfront is paid on eligible commercial loan products to a maximum of 0.50% depending on the loan product selected. Refer to the Commission Guide in Mercury for more detailed information on Broker and Referrer commissions.
Trail 0.25 Under Westpac's Broker Accredited commission model Trail is paid on eligible commercial loan products to a maximum of 0.25% p.a. depending on the loan product selected. Under Westpac's Referrer Accredited model Trail is paid on eligible commercial loan products to a maximum of 0.15% p.a. depending on the loan product selected. Refer to the Commission Guide in Mercury for more detailed information on Broker and Referrer commissions.

26/07/2017