As many of you would know, this is a theme I have been pretty hot on for the last 6 months and where we could position our portfolios to catch this thematic.

Well before the Federal Election, we held meetings with 9 ASX listed company CEO’s and CFO’s that are 2^nd Tier money lenders and came across some fascinating insights about the Australian economy and especially, the cost of living, customer credit scores and most importantly, where discretionary spending might be.

The Australian Government has started providing a loan guarantee to first home buyers, who can now buy houses with only a 5% deposit. This policy was scheduled to start in 2026 but has been rushed forward to 1st of October 2025. Now in play.