Use this guide to understand when different types of commissions are paid. This helps you plan your cash flow and check when to expect payments in the Commissions app.
Residential and commercial
Residential and Commercial commissions are usually paid in the month after settlement. For example, if a loan settles on 15 August, the commission will typically be paid in September.
Most commission is paid in a batch on or around the 24th of each month. A second batch is usually processed on the last day of the month to pay commissions received from lenders after the main cut-off date.
Note:
To confirm specific payment dates and cut-offs, see the Commissions Payment Calendar.
Advance Payments
Advance payments for Residential and Commercial commissions are paid every Monday. Payments may shift when:
the Monday falls too close to a full batch payment, or
the Monday is a public holiday in Victoria.
Advance payment dates are listed in the Commissions Payment Calendar. in the Commissions app.
For details about eligibility and how to opt in, see Advance Payment Overview.
Asset Finance and QuickAF
Asset Finance commissions—including Quick Asset Finance (QuickAF)—are generally paid within 1–2 days of settlement, depending on the lender’s payment cycle.
For lender-specific timing, refer to the Connective & Quick AF Lender Payment Schedule for more information.
Need help?
If you need help understanding your commission payments, contact your Partnership Manager or email [email protected].