So in this episode, Smart Property Investments’ Phil Tarrant and Finni Mortgages’ chief executive, Paul Glossop, talk about the central bank’s surprising move to resume rate hikes after a month-long pause to check the economy’s pulse and unpack the data points that influenced the latest decision.

And while the duo acknowledged the latest cash rate increase will be the “nail in the coffin” for some borrowers due to higher repayments, they encouraged mortgage holders to reassess their current strategy and create a plan that can help them weather the latest rate hike storm.

They also unpack the various options available to borrowers, which include mortgage restructuring, refinancing to a fixed or variable rate, or switching to a different lender that offers a more competitive product.

This content is available exclusively to Lawyers Weekly premium members.

Become a Member Log in to your Premium Account

Become a Premium Member for unlimited access to exclusive content.

INDIVIDUAL

Yearly

$ 49.00

per year

SUBSCRIBE NOW

INDIVIDUAL

Monthly

$ 5.00

per month

SUBSCRIBE NOW

Learn more about Premium Benefits and other offers

If you like this episode, show your support by rating us or leaving a review on Apple Podcasts (The Lawyers Weekly Show) and by following Lawyers Weekly on social media: Facebook, Twitter and LinkedIn.

VIEW ALL

If you have any questions about what you heard today, any topics of interest you have in mind, or if you’d like to lend your voice to the show, email This email address is being protected from spambots. You need JavaScript enabled to view it. for more insights!