Broking for yourself? Possible?

Discussion in 'Loans & Mortgage Brokers' started by MrSponge, 14th Jul, 2017.

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  1. Peter_Tersteeg

    Peter_Tersteeg Mortgage Broker Business Member

    Joined:
    18th Jun, 2015
    Posts:
    8,130
    Location:
    03 9877 3000
    Ross, you're an accountant...

    :oops:
     
  2. Marty McDonald

    Marty McDonald Mortgage broker Business Member

    Joined:
    22nd Jun, 2015
    Posts:
    874
    Location:
    Sydney North Shore and Norther beaches
    ASIC is also also about to charge a fee for supervision of at least $1000 pa per credit licensee. All in all I don't think it could possibly be worth it. My fixed overheads stripping out all wages, office expenses and non essential things like marketing, new equipment etc etc is still around $30K pa.