Australian borrowers are increasingly choosing flexibility and wider choices over loyalty to a bank, new figures show.
According to data from Cotality, commissioned by the Mortgage & Finance Association of Australia (MFAA), the mortgage broker market share of all new residential lending has reached a new record of 77.6 per cent in the June 2025 quarter, the highest on record. This is a jump of more than 10 per cent over the past two years.