The Savings Tip Jar Savings.com.au

This week on the pod we were joined by Denise Raward, senior finance journalist at Savings.com.au. We discussed the so called mortgage cliff, where the last two years of fixed-rates rolling off were set to cause financial catastrophe! That... err... didn't really happen. But why? Find out.

Warren Hogan, chief economic advisor at Judo Bank, has stirred up a few headlines recently calling for the RBA to hike three more times to really wrestle with the inflation beast. He said 4.35% is not enough, and the Board needs to go to 5.10% or thereabouts. We gave him some run time - away from sensationalist headlines - to explain this analysis and thought process, and why the mortgage belt might have to grit their teeth a bit longer.

Plus we speak with Denise Raward on the so called mortgage-cliff, as well as all the latest news.

00:00 - 02:58 - Intro

02:58 - 06:30 - Inflation higher than expected, bad news for HECS-HELP debts

06:30 - 10:30 - Macquarie Bank's home loan rate cuts

10:30 - 12:55 - AMP's term deposit rate hikes

12:55 - 25:41 - The mortgage cliff with Denise Raward

25:41 - 41:19 - A 5.1% cash rate with Warren Hogan

41:19 - 43:31 - Outro

Warren Hogan, chief economic advisor at Judo Bank, has stirred up a few headlines recently calling for the RBA to hike three more times to really wrestle with the inflation beast. He said 4.35% is not enough, and the Board needs to go to 5.10% or thereabouts. We gave him some run time - away from sensationalist headlines - to explain this analysis and thought process, and why the mortgage belt might have to grit their teeth a bit longer.

This week our special guest was Matt Bowen, the head of
consumer & market insights at ING. We chatted about some new research from the bank, which revealed a large swathe of Aussies would team up with a friend to kick their home buying goals. We discuss if it's a good idea, or not!

Plus we chat with Emma Duffy from Your Investment Property Magazine on the latest news in the Aussie property sector.

00:00 – 01:18 – Intro

01:18 – 05:27 – Inflation preview

05:27 – 07:23 – $250 Tasmanian energy bill rebate

07:23 – 16:10 – Emma's property wrap

16:10 – 26:54 – Matt Bowen, ING

26:54 – 28:30 – Outro

In our fortnightly property wrap with Emma Duffy, we discussed the more affordable areas to buy in the capital cities, and which areas are still cheaper to buy than rent. For more in-depth analysis you can visit yourinvestmentpropertymag.com.au

This week our special guest was Matt Bowen, the head of consumer & market insights at ING. We chatted about some new research from the bank, which revealed a large swathe of Aussies would team up with a friend to kick their home buying goals. We discuss if it's a good idea, or not!