With boomers retiring, should we expect cash purchases to spike?

In this episode of Broker Daily Uncut, hosts Jack Campbell, Alex Whitlock, and Phil Tarrant analyse the purchasing of property with cash, which now makes up 26.5 per cent of the total. With Baby Boomers set to hit peak retirement over the next couple of years, this figure may climb as the older generations look to downsize. Meanwhile, ANZ took the top spot as most popular lender for commercial brokers. Each of the majors performed well, with La Trobe Financial creeping its way into fourth spot as the only non-bank lender to make the top five. The team also discussed the upcoming Commercial Finance Awards, taking place this Thursday. The lunchtime event will be a celebration of leading brokers, BDMs, and businesses in the commercial and asset finance space.

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