My Broker Solutions

23/10/2026

How many borrowers are actually struggling? The RBA has the latest numbers. 📊

With rates up this year, it's a fair question. The RBA's October 2026 Financial Stability Review says borrowers "continue to display a high level of resilience overall".

Here's what it found:

📌 About 2% of variable-rate owner-occupiers have income that doesn't cover their repayments plus essential expenses. It rose a little this year but is still relatively low.
📌 Most of those borrowers have savings to cover the gap for at least six months if they cut back to essentials.
📌 Home loan arrears are up a little but around pre-pandemic levels.
📌 The median borrower has enough in offset and redraw to cover over a year of repayments.

That doesn't mean it's easy. Pressure is real, and lower-income households are feeling it most. 💛

If your repayments are getting tight, talk to your lender or broker early. You usually have more options before you fall behind.

📞 Want to review your loan before things get tight? Let's talk.

Source: RBA Financial Stability Review, October 2026.

21/10/2026

"Sellers just make up the numbers to get a higher price." 🤔

It's a common assumption in business sales. The add-backs are said to be taken out of context and exaggerated to justify a higher asking price.

Here's what's actually going on:

📌 EBITDA is earnings before interest, tax, depreciation and amortisation.
📌 Some businesses have one-off expenses, such as spending made to take advantage of a tax incentive. These can be added back.
📌 Some add-backs are "50/50". They apply to some buyers but not others.

You might not see the value in an add-back. That doesn't mean it's made up. It may apply to a different buyer.

So before you say "they're just making up numbers", pause and be kind. 💛

▶️ Watch Episode 8:
https://www.youtube.com/watch?v=USoLvXCeVyA&list=PLKQ-Mj3ynoApRki5KKkvdW_hw9D5lBAAu&index=21

Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.

20/10/2026

People often ask why I invest so much time in networking. 🤝

My answer has changed over the years.

Early on, it was about growing my business. Today, it's about the people, the learning, and being part of communities that make me better, professionally and personally.

Each group plays a different role:

☕ Key Business Network Brisbane North: Connection
KBN is family. I've been a member for over 10 years. Not many places let you walk into a breakfast every week and be surrounded by familiar faces who want to see you succeed. It's a safe place to test ideas, ask questions and get honest feedback. Do we still generate referrals? Absolutely. But it's become far more than that.

🏅 BSCN: Passion
Business and sport is where my true passion lies. With Brisbane heading towards the 2032 Olympics, it's exciting to sit alongside elite athletes and sporting administrators. The biggest lesson? Even our sporting heroes deal with self-doubt, imposter syndrome, pressure and failure. Success doesn't make people immune. It means they keep moving forward anyway.

🚀 Queensland Leaders Pty Ltd: Growth
This is the group that pushes me out of my comfort zone. Presenting to large groups, facilitating discussions, sharing my expertise. At times it's uncomfortable, and that's exactly why it's valuable.

What I've learned: networking isn't really about networking. It's about finding the right communities. The ones that support you, challenge you, educate you and inspire you.

That's why I keep showing up. Not because I have to, but because I always leave a little better than when I arrived. 🙌

Which community has made the biggest difference to you? 👇

16/10/2026

That credit card you never use? Your lender still counts it. 💳

You pay it off every month. Or you've barely touched it. Doesn't matter.

When you apply for a home loan, lenders generally assess the card's limit, not what you actually owe. They have to assume it could be maxed out at any time.

So, a $15,000 limit sitting in a drawer can still reduce how much you can borrow. 😬

Worth asking before you apply:
✅ Do I still need this limit?
✅ Do I have cards I've forgotten about?
✅ Would a lower limit still work for me?

A quick check can avoid a surprise at the worst time. 🎯

📞 Thinking about buying or refinancing? Let's look at your position first.

15/10/2026

Banks do a job, and many do it well. But that job is to manage risk and look after their own balance sheet. It's not to work out the best outcome for you.

A few things worth knowing:

👉 Loyalty doesn't always get rewarded. Existing customers can end up on a higher rate than new ones.
👉 A bank can only offer its own products.
👉 A decline from one lender doesn't mean you can't be financed. It can mean that lender's policy didn't fit.

Ask for a review. Compare. Don't assume.

📞 Want a second opinion on your loan? 👇

Send your scenario at https://mybrokersolutions.com.au/

13/10/2026

1 in 5 small businesses has had trouble getting finance.

Here's what trips them up. 🚧

A 2025 survey cited by the RBA found one in five SMEs had experienced challenges getting finance. The most common problems were:

📌 Lender requirements that felt too strict
📌 Difficulty finding a suitable rate
📌 Long processing times
📌 Being asked for property or personal assets as security

The RBA also says access to finance has improved over the past couple of years. So a "no" isn't always the end of the road.

Some of these hurdles can be planned for with preparation and the right lender fit before you apply. 🎯

📞 Planning to apply for business finance? Let's talk first.



Source: RBA Bulletin, October 2025. https://www.rba.gov.au/publications/bulletin/2025/oct/small-business-economic-and-financial-conditions.html

09/10/2026

You see the hard work, the customers and the growth.

A lender sees the story your numbers tell. They're asking two things:

1️⃣ Can this business comfortably repay the loan?
2️⃣ What happens if it can't?

Here's what they look at:

📊 Profit and trends: is it steady, growing or patchy?
💰 Cash flow vs. debt repayments (DSCR): does the business earn enough to cover its debts, with room to spare?
⚖️ Gearing: how much of the business is funded by debt?
💧 Liquidity: can you meet short-term bills?
🏠 Security (LVR): what's backing the loan?

The good news? Once you know what they're looking for, you can prepare for it.

Thinking about business finance? Let's look at your numbers the way a lender would.

08/10/2026

Rates go up again tomorrow. Here's one thing you can do today.

The big four pass on the RBA's 0.25% rise from Friday 9 October. On a $600k loan, that's roughly $91 more a month.

The tip: Ask your lender to review your rate. You don't have to wait for the new repayment to arrive. A discount you got a few years ago may not be competitive now, and asking costs nothing.

Then a quick gut check:
✅ Is my rate discounted, or the standard one?
✅ Could I cope with another rise?
✅ Is my fixed term ending soon?

The full checklist is in our latest blog. https://mybrokersolutions.com.au/news

Not sure where you stand? Message us and we'll take a look.

06/10/2026

"Thanks for the news. Great work. Let me know what you need to get it across the line from here."

That's the message we got when formal approval came through on an SMSF property loan. 🏆

SMSF lending isn't like a standard home loan. The lender came back with a long list of conditions before formal approval:

📋 The property correctly set out in the trust documents
📋 Confirmation the fund was compliant
📋 Legal review of the structure and paperwork
📋 A satisfactory valuation
📋 ID and documentation sorted on every party

So we took extra care on this one. We worked through the conditions one by one, and about a month after conditional approval, we had formal approval. ✅

Settlement is still ahead, but it's a great step forward. 🎯

📞 Looking at a more complex loan structure? Let's talk about what lenders will need.

02/10/2026

Most people think "get a loan" = "go to a big bank." But honestly? That's just one option out of many — and sometimes not even the right one.

Here's what a lot of borrowers don't realise exists:

Non-bank lenders — often more flexible, faster to approve, and more willing to look at your situation as a whole, not just tick boxes.

Low-doc loans — built for self-employed borrowers who don't have the "standard" paperwork banks love, but still have genuinely strong finances.

Construction loans — structured specifically around staged payments as your build progresses, not a lump sum upfront.

Green loans — better rates or terms for energy-efficient homes or upgrades. Yes, this is a real thing.

Bridging finance — for when you need to buy before you sell, without the timing headache.

The truth is, most of these products exist because banks can't (or won't) say yes to every situation — and that's exactly where specialist lenders and niche products fill the gap.

The hard part isn't that these options don't exist — it's knowing which one actually fits your situation.

📞 Got a scenario that doesn't fit the "standard bank box"? Let's find the option that actually works for you.