Mortgage Choice Limited provided earnings guidance for the fiscal 2019. The company stated at its fiscal 2018 results announcement that taking into account the new remuneration model, operational changes being introduced across the business and assuming settlements continued at the same level as fiscal 2018, it expected fiscal 2019 Cash NPAT of approximately $16.5 million. On the basis of current experience and outlook, Mortgage Choice now expects its home loan settlements will be approximately 10% lower than FY18 settlements. A fall in settlements reduces commission revenue with a corresponding flow on effect to other revenue lines. As a result, Mortgage Choice adjusts its guidance for fiscal 2019 Cash NPAT to be between $14 and $15 million.