Situation
Contractor or casual worker
Rolling contracts, labour hire, casual shifts or a mix of PAYG and invoice work.
What changes for you
- Continuity matters more than the contract itself — same industry, minimal gaps
- Casual income commonly needs six to twelve months in the same role
- Contract renewal history is often requested in writing
The one that derails this profile most often: Gaps between contracts that look like unemployment on a bank statement. Be ready to explain them in writing.
Lanes that usually apply
Most likely first. Read the lane page before the first conversation, not after.
Self-employed and low doc
Borrowing when your income comes from an ABN, a company, a trust or contract work, where proving income is the whole job.
What decides it ›First home loan
Your first owner-occupied purchase, where deposit size and government schemes usually decide more than the headline rate.
What decides it ›Refinance
Moving an existing loan to a different lender or a different product, where the switching cost decides whether it was worth it.
What decides it ›Car and personal loans
Short-term consumer borrowing where the term and the fees, not the headline rate, usually decide what it costs you.
What decides it ›Other situations
General information. How Australian lenders generally assess this profile. General information about how Australian lending is organised. Rules, thresholds and eligibility are set by government agencies and change; each lane links to the source so you can check the current position.