For those applying who have a Australian Credit Licence (ACL) or Australian Financial Service Licence (AFSL) or are credit registered with ASIC. Membership fees are determined by the nature of your business operations. Membership fees start at $275. This fee is applicable if you are acting as, for example a finance or mortgage broker, financial planner or adviser, credit referrer or arranger.
If you have additional employees and/or directors acting as representatives engaged in credit activities or any AFSL authorised representatives as per above, there is an additional fee of $85 for each representative. The membership fees for other business types can be found in the membership application form.
Member News - ASIC's Registration Requirements (pdf)
Applying for a Credit Licence - ASIC (link)
If you are or have been offered to be authorised as a Credit Representative of an ACL holder or credit registered entity, the annual Membership fee for each Credit Representative is $85. As a Credit Representative applicant you will need provide confirmation of the intention of authorisation as a Credit Representative from your credit registered entity or licensee when applying for membership. Please ensure to include this in your application.
If you have any queries or questions about applying as a Credit Representative, please do not hesitate to contact us on 02 9273 8455.
Member News - Membership under Credit Legislation (pdf)
Notifying details of Credit Representatives - ASIC (link)
We can also accept a range other types of service providers. For more information about membership options for other types of services please contact us on (02) 9273 8455.