Speaking at a media briefing on Tuesday (28 July), the lender said the federal budget and a more challenging operating environment were reshaping borrower behaviour, but new doors were opening for brokers willing to move with the changes.
“We try not to have a bearish view of what’s going on in the market, but more bullish. As one rule closes, we see a whole bunch of opportunities, whether it be investors changing their strategies or even simple things like ATO debt, which is grossly neglected at the moment,” chief commercial officer Tony MacRae said.
MacRae added that Bluestone had spent the past three years reshaping the business around brokers, expanding its product suite and investing in technology to become a…