Are you paying too much interest on your mortgage?
· 23 min
Episode Are you paying too much interest on your mortgage?
Offset accounts promise savings perks to mortgage borrowers across the country by lowering interest payments. But financial regulator ASIC says that many offset account owners have been paying more interest than they should.
So how have banks responded to the issue? And how does this affect trust in the banking sector?
And with today’s fresh inflation figures showing an easing of inflation, does this mean that the RBA’s rate hikes have been working?
We also follow up on a listener question about interest rate increases and inflation.
Daniel Ziffer and ABC Business Reporter Steph Chalmers break it all down on ABC Business Daily.
Got a burning business question?
We'd love to hear your questions! If there’s business and economic news that has you stumped or you'd like further insight into, we're here to help. Send a short voice recording to the team at abcbusinessdaily@abc.net.au and we'll attempt to answer it.
Shows are listed from Apple Podcasts' charts and directory, and Podcast Index where it is used. Every show and episode belongs to its publisher and plays from the publisher's own feed; this site hosts none of them. Explicit shows are for adult profiles only, and children’s profiles hear only children’s shows. More about this list.