If you engage in credit activities, you will generally need to have an Australian credit licence (ACL) or become an authorised credit representative (ACR) of a licence holder. This includes anyone lending money, or any intermediary between the person lending the money and the person getting the money, which includes brokers.
If you’re just starting out in financial services, you cannot apply for an ACL with the Australian Securities and Investments Commission (ASIC). The reason is that you need at least two years finance experience as an authorised rep to be eligible to apply. This means you need to apply to become a credit representative instead.