Australia for whatever reason, is unnecessarily divergent and complex, not in the pricing aspect of the lending, that is fairly competitive, but when it comes to the approval part of the process, there is a huge amount of customer confusion as a result of that.

And one, if not the highest penetration of mortgage broker deals as opposed to direct lender deals. The way a traditional broker would solve that level of complexity is through deep knowledge and expertise and experience in having done lots of deals, and usually a close working relationship with a small number of banks. And so the reality is, and industry data supports this, that most brokers will typically use one, two, maybe three lenders for overwhelmingly 80% of their loans.

When we looked at online mortgage broking we looked at how might you make that better and different investing in incredibly high quality tooling for the broker to turn that broker to a superstar?

If you go back to the 1980s, the Space Shuttle was effectively the first freighter carrier, if you like, to take things into space. And the cost of getting just one kilo into space was around 60,000 US dollars then. So when you think about the size of these enormous satellites, which were going up into, you know, 35,000 kilometres into the sky and into a geostationary orbit, where they effectively cover the same part of the world all day round. Those are enormous costs to get those things up.

Now, what we're seeing, is clearly that the world has changed, technology has improved and Elon Musk and SpaceX, to be fair, has been a major catalyst in actually reducing the cost of access to space from that crazy $60,000 a kilo down to something closer to $6,000 per kilo.