Australia’s mortgage and finance broker population is rising steadily, with new research showing more professionals — and more women — are entering the industry.
According to the 2025 FBAA Broker Density Report, there are now 10.9 brokers per 10,000 adults, up 1.87% from the previous report. Conducted by research firm CoreData, the study found a total of 22,000 brokers nationwide — a 3.66% increase since 2024.
The Finance Brokers Association of Australia (FBAA) now represents around 13,000 customer-facing brokers, accounting for 59% of the national total.
FBAA managing director Peter White (pictured) said the findings “paint an optimistic picture for the future of Australian broking.”
“The number of brokers is on the rise, both in absolute terms and as a proportion of the overall population,” White said. “Consumers keep turning to brokers because they know they’re best placed to help Australians secure better rates, more flexibility, and lending solutions tailored to their circumstances.”
White said that increased lender competition continues to strengthen the broker channel.
“Increased competition between lenders is driving demand for brokers among consumers seeking tailored advice, better deals and guidance in navigating lending markets,” he said.
The FBAA report also highlights that male brokers still dominate the profession, though the gender gap is slowly narrowing. The number of female brokers rose to nearly 6,500, marking a 70/30 gender split compared to 72/28 in 2024.
White noted that Victoria and New South Wales have the highest broker densities, while outer metropolitan and regional areas show “real growth opportunity.”
“Emerging opportunities persist around the fringe regions of major cities, where housing prices and populations continue to rise faster than broker presence,” he said. “Broker expansion into these areas will be an ongoing focus for the FBAA.”
White also welcomed the industry’s growing diversity.
“It’s also encouraging to see more women entering a broking industry keen to utilise the unique skills and experience they bring to the profession,” he said.
White said that professional standards will remain front of mind as the industry expands.
“In an era of technological change, ongoing CPD will be crucial for all brokers and we’ll continue to offer world-class training and professional development opportunities,” he said.
The FBAA report also identified 4,668 Australian credit licensees currently operating across the country, underscoring the strength and maturity of the mortgage broking profession.
With rate cuts, rising competition, and continued housing pressures, brokers remain central to helping Australians secure finance in a fast-changing property market.
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