Who has credit licenses?

ASIC has announced that by 30 June 2011 it had licensed 6081 businesses.

ASIC has analysed licensees by industry type here: licensees range from property developers and sellers to aggregators to brokers. Mortgage brokers are the biggest category with 4560.

ASIC has a national program to identify unregistered and unlicensed credit activity. As part of this campaign, ASIC reviewed 5000 advertisements in print, online, and on radio and TV, to identify traders who were advertising that they provided credit, but who were not registered, authorised or licensed to do so.

Its current enforcement focus is on responsible lending in the home loan and payday lending markets, consumer leases for white goods and other domestic goods, and debt reduction and consolidation schemes.

Search the ASIC Credit licensee register

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