Our Story

If you've ever stared at a complex payslip wondering which income lines actually count — and then spent the next hour working through three different lender calculators — you already know why AutoCalc exists.

Peter Liu has been a mortgage broker since 2011. Over 15 years and more than a thousand client applications, he lived this problem daily. Australian payslips vary enormously from employer to employer: a hospital nurse, a mining contractor, and a Sydney banker each get paid very differently — and every lender reads those payslips differently too. Overtime shading, bonus treatment, YTD requirements, annualisation rules — the complexity is real, and it adds up to hours of work per client.

Even after 15 years in the industry, a complex payslip could still take 30 minutes just to parse. Then came the lender calculators. A full borrowing capacity assessment? Easily an hour.

Since 2018, Peter had been mentoring a new generation of mortgage brokers alongside his brokering work. Year after year, the same questions came up: How do I read this payslip? Which income does this lender accept? What's the shading rule here? It became clear this wasn't just Peter's problem — it was the whole industry's problem.

By 2025, AI was becoming genuinely powerful. Peter started using it to draft emails and summarise documents. Then a bigger idea clicked: what if AI could read any payslip, classify every income line automatically, and apply each lender's exact policy rules — all in one go?

He rang Sam Chen.

Peter and Sam have been close friends for over a decade. Sam is a senior engineering leader with deep experience in financial services system design and holds formal credentials in AI and machine learning. He knew immediately this was a problem worth solving.

“When Peter walked me through it, the answer was obvious. Brokers are doing highly skilled work, and a huge chunk of their time is consumed by things a good system should handle automatically.”

Together they built AutoCalc — Australia's first platform to go from payslip to borrowing capacity comparison automatically. Upload a payslip, and AutoCalc classifies every income line correctly, annualises it correctly, and runs it through 22+ lenders' policies in minutes. No more manual parsing. No more guessing at shading rules. No more hour-long spreadsheet sessions.

Because accurate income in means accurate borrowing capacity out. And that changes everything for your clients.