Rules Mate

RG 273

Mortgage brokers: Best interests duty

Issued 24 June 2020. This is a guide for mortgage brokers and other relevant Australian credit licensees.

In plain English

RG 273 explains the best interests duty for mortgage brokers and credit licensees.

RG 273 applies to mortgage brokers and other Australian credit licensees. It explains what the best interests duty means. It outlines how to meet this duty. The guide was issued on 24 June 2020.

Why it matters

Mortgage brokers must ensure they act in their customers’ best interests. This guide helps brokers understand and meet their obligations, reducing compliance risk.

afslaclconductconsumer-protectioncreditfinancial-advice

AI-assisted summary, grounded in the source link below. Generated 2026-05-23 via gemma3:12b.

Issuing regulator

ASIC

Topics


Source: https://www.asic.gov.au/regulatory-resources/find-a-document/regulatory-guides/rg-273-mortgage-brokers-best-interests-duty/. Rules Mate indexes + summarises; always verify against the regulator's live publication.