While a decision by the Reserve Bank of Australia (RBA) to hold the cash rate might seem like a signal for brokers to pause, this latest episode of Finance Specialist says it’s actually a prime time for action.
Host Jack Campbell and co-host Trent Carter noted that a sustained period of stability forces lenders to become more competitive to win business. A broker’s value extends far beyond just securing the lowest rate. For business clients especially, the “whole picture” is critical.
A rate hold is not a cue for complacency. It’s an opportunity to engage clients, highlight the competitive lending landscape, and provide valuable, proactive advice that secures their financial health.