Use this guide to understand how the monthly Commissions Payment Calendar works. This helps you plan cash flow, anticipate payment timing and confirm when funds should appear in your account.
How monthly commission payments work
Residential and Commercial commissions are usually paid on the 24th of each month.
If the 24th falls on a non-business day, the payment is processed on the next business day. Payments normally appear in your nominated bank account the day after processing.
Important:
Commission can only be paid once Connective has received:
cleared funds from the lender, and
enough information to allocate the payment to the correct loan and broker.
To check timing for each month, see the below or refer to the Commissions app.
Residential and Commercial Commissions Payment Calendar
When the schedule is updated
Connective reviews and updates the Commissions Payment Calendar each December to reflect public holidays and processing cut-off dates for the upcoming year.
Asset Finance and QuickAF payment timing
Asset Finance and QuickAF commissions follow different payment cycles and are usually paid within 1–2 days of settlement, depending on the lender’s schedule.
For lender-specific timing, see the Asset Finance & Quick AF Lender Payment Schedule
Advance payments
If you want to receive commission funds earlier in the month, you can opt into Advance Payments.
Advance Payments run weekly, except when:
the Monday falls too close to a monthly batch payment, or
the day is a Victorian public holiday.
To learn how advance payments work and how to opt in, see the Advance Payment Overview.
Need help?
If you need help understanding your commission payment dates, contact your Partnership Manager or email [email protected].