2019 has been an interesting year to say the least. Everything from the Royal Commission to multiple Reserve Bank rate cuts, tougher economy, elections etc, has certainly been enough to make people slow down and in many cases stop what they are doing stop.

One of the biggest changes this year from a lending perspective is the focus on clients living expenses. There is a much greater (correctly so) focus on responsible lending, ensuring people are borrowing within their means. No matter how wealthy an applicant may be, this now involves far more pre-planning before approaching a lender.