Australia’s mortgage broking industry has hit new heights, with brokers now writing 76.8% of all new residential home loans according to the MFAA’s March 2025 data. Riding this wave, the nation’s fastest-growing brokerages have been recognised in the Fast Brokerages 2025 report.
Now in its fifth year, the annual awards highlight 80 brokerages that achieved more than 20% growth in combined revenue and settlement volume across 2024. Of these, 42 firms were also named Fast Starters, having been in business for three years or less while exceeding expectations.
MFAA CEO Anja Pannek said client education and relationship-building remained crucial to long-term growth.
“Brokerages that put time and effort into helping their clients understand their financial situations will also reap the benefits in terms of retention and business growth,” Pannek said.
Despite a challenging 2025, leading brokerages still managed standout growth. Catalyst Advisers managing director Stephen Michaels described it as a difficult but rewarding year.
“For the calendar year 2024, we had no rate cut that was promised. It was a flat market in terms of buying, selling and consumer sentiment,” Michaels said. “You really needed to call upon your old, existing, long-term relationships to continue to drum up at least the minimum amount of business, and the growth on top of that is even harder.”
The MFAA’s figures show repeat clients accounted for 44% of broker business, while 28% came from referrals – a testament to the importance of client loyalty and service excellence.
The Fast Brokerages 2025 winners reflected several common strategies:
Among this year’s notable winners are:
From boutique solo operators like Right Wealth, which recorded 501% settlement volume growth, to larger brokerages scaling through tech investment, the common thread is client empowerment.
As Pannek explained, “Fast Starters must position themselves well to generate leads and convert clients while laying solid foundations for sustainable growth.”
With technology adoption now standard across the industry – 84% of brokers use digital signing tools, 77% rely on CRM platforms, and 70% invest in cybersecurity – the winners of 2025 are proving that innovation, education, and trust are the cornerstones of long-term success.
For a complete list of the Fast Brokerages 2025 winners, and for insights into how brokers achieved success quickly, check out the Fast Brokerages report.
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