Contractor home loans, Sydney
One question decides your whole application, and it isn't your day rate.
It's whether you hold employment status. MA Money's broker guide puts it about as bluntly as a lender ever does: contractors are treated as PAYG where they hold employment status, and where they don't, they're classified as self-employed and full documentation applies (MA Money, guide dated 29 July 2026). Two contractors on identical money can therefore land in two completely different assessment regimes.
So that's what this page works through. Which side of the line you're on, what evidence each side needs, and where the industry you contract in starts to matter.
Whether you hold employment status decides how a lender reads your contract income. What PAYG contractors need to show, what ABN contractors face instead, and why industry matters.
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