How CDR Product Matching Works

BrokerIQ uses the Consumer Data Right (CDR) — Australia's open banking framework — to access live mortgage product data from 50+ lenders. This data includes interest rates, fees, features, and comparison rates, updated daily.

When you build a scenario, BrokerIQ automatically matches it against available products based on: loan amount, LVR, loan purpose (purchase, refinance, construction), rate type (variable, fixed), repayment type (P&I, interest-only), and property type.

Results are ranked by total cost over the loan term, factoring in rates, ongoing fees, and upfront costs. This gives you an accurate comparison rather than just headline rates.

Because the data comes directly from CDR feeds, it's always current. You're comparing what lenders are actually offering right now, not cached or manually updated rate tables.