Skip to main content

More than one million borrowers set for fixed rate rise from two to nearly six per cent

Yellow Brick Road Home Loans Executive Chairman Mark Bouris says the banks process is to keep hiking the prices until they “break something” as around 1.2 million borrowers are going to go from paying two per cent per annum to nearly six per cent. “What they really want to break this time is consumers,” Mr Bouris told Sky News Australia. “One of the consequences of breaking consumers is people have to sell their houses or the banks take possession.” Via news.com.au — Australia’s leading news site https://www.news.com.au
Labels:

Comments

Post a Comment

Popular posts from this blog

Kate slams KIIS FM after radio departure

Langbroek currently co-hosts The 3PM Pick Up on KIIS FM with Monty Dimond and Yumi Stynes, but it was announced last month that the show would not be returning in 2023.It was Dimond who broke the news of the show’s departure, writing on Instagram: “After 8 years of doing the @3pmpickup on the wireless it’s time to hang up the headphones. “Bummer that the big wigs at KIIS couldn’t present acceptable terms for us to move forward”.Langbroek elaborated on Dimond’s comments in an interview with news.com.au’s podcast, I’ve Got News For You.Kate Langbroek reveals her most shocking TV momentWhen asked what happened between KIIS FM and The 3PM Pick Up, Langbroek said: “Well, look, I’m just gonna say this: Sometimes you just can’t come to terms. And if you can’t come to terms, it’s best you part ways.”When pressed for more information, Langbroek hit out at the radio station for treating some of their talent better than others.“What they do with their radio station is their business and it’s no s...
Post a Comment
Read more