The shift begins in 2026. Prepare to lead in the new age of data.
The CDR rollout for non-bank lenders represents a fundamental shift in market power. It's a two-phased opportunity to cut administrative effort and drastically improve the quality of client advice. Brokers who prepare for this change will gain a significant advantage.
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Days to Product Data Sharing (Phase 1, July 13, 2026)
July 13, 2026
Phase 1: Product Data Sharing BeginsNov 9, 2026
Phase 2: Consumer Data (Initial Providers)May 10, 2027
Consumer Data (Large Providers)From July 2026, the complexity of non-bank product policies will be replaced by a standardized digital data stream. This is the moment comparison technology becomes non-negotiable for speed and accuracy.
The ability to process this standardized API feed will define your search efficiency.
Platforms like **CreditPolicy** are built to connect to this standardized feed, turning the data flood into precise advice. Its AI Policy Engine ensures your recommendations are based on the most accurate, live product criteria available.
The Advantage:
CDR ensures data consistency. The CreditPolicy AI Policy Engine provides the capability to query that data using natural language, making the entire market instantly searchable and comparable, turning a data firehose into **precise advice**.
The Consumer Data phase is the ultimate efficiency and compliance gain. It replaces manual verification with secure, digitally verified financial information, fundamentally streamlining **ASIC RG 209** requirements.
Compare the traditional high-effort, high-risk process versus the streamlined CDR-enabled workflow. Values are relative impact scores (0-100).
CDR data provides the verifiable source. AI tools like **BrokerBuddie's ComplianceBuddie** apply policy logic to this source, generating the necessary audit trail for ASIC RG 209 checks in seconds.
The Core Value:
The broker's role shifts from a data entry clerk to a high-level **financial analyst**. BrokerBuddie translates verified data into strategic advice, ensuring your "reasonable steps" are both efficient and **ironclad for audit**.
The changes are imminent. Use this checklist to structure your preparation and ensure your brokerage capitalizes on the efficiency gains.
Estimated time spent on administration vs. high-value advisory work post-CDR.