Long gone are the days when workers stayed with the same company for their entire working life. Today the average Australian worker changes roles, or even careers, roughly every three years, with many moving between different types of employment including salaried work, freelance, contract, or gig work (the gig economy).
Nearly 8% of Australian workers are independent contractors and 40% of broker customers are reported to be self-employed – that’s a lot of potential customers who may not meet the criteria for a traditional prime full doc loan. But that doesn’t mean there isn’t a loan for them.
