The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Matthew Wilson - Jarden - Analyst
: Yeah, good morning, Wilson. Good morning. Matthew Wilson from Jardon. Very clear and easy to understand results. So some technical questions.
Firstly, your tax rate now, given deferred -- given the extent of deferred tax assets you have and the expanding profitability in the business, is it fair
to say that you could run the tax rate slightly below 30% going forward whilst you utilize those tax benefits? And I've got a second question.
Question: Matthew Wilson - Jarden - Analyst
: Okay. And then secondly, where are you seeing most of your external refinances heading to, obviously, it's trended higher. Has there been any
pattern there with respect to a particular bank or competitor picking up that share?
Christopher James Bayliss - Judo Capital Holdings Ltd - Chief Executive Officer, Managing Director, Member of the Management Board
No, Matt, it's Chris, no, not H1stly, not really. I mean, we see some of it go back to to the major banks, some to private credit, but there's no material,
as I said, it's not, we don't, it's not being driven by competition as such. It's been driven by, relook at the customer, whether we think it's being
appropriately priced for risk. I mean, the one thing I would add is this is one of the real advantages of of being tied to the brokers so closely, we
have incredible relationships with our with our brokers that support us, and so if we do have a customer that we feel would be better served by
someone else, the brokers are a great asset for us in helping that.
Question: Matthew Wilson - Jarden - Analyst
: Yeah, no, that makes sense. Thanks for that time.
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