Adam Clark

That requires a full application.

So when we do a full application, is there other benefits we can create at the same time?

Correct.

And that's exactly right.

So we can kill two birds with one stone, so to speak.

Yeah, exactly.

Yeah, absolutely there is.

In 2025, saw a record-breaking number of people refinance.

Obviously, anyone who was in the market at the right time, December, completely unprecedented.

The bank started offering 1.5%, so there was phenomenal sums of money floating around.

I worked it out one day.

We arranged something like $2.5 million in cashback for people in December alone.

Wow.

And so that was a, it was, it was pretty unique, never happened before.

And I don't imagine it will happen again.

But yes, all that short term refixing meant that a lot more customers were in a position to refinance.

Very different story now because we've got a lot of people fixing for two and three years.

However, if you've just changed to that bank, you've just got cash, you're tied to them for three years anyway.

Yeah, yeah, they do often.

And because it's...