Goodbye job applications, hello dream career
Seize control of your career and design the future you deserve with LW career

Property Finance Uncut: Don’t be caught in RBA’s rate hike crossfire

With the Reserve Bank (RBA) announcing its policy decision for June, borrowers are bracing for another rocky month marked with more mortgage pain.

user iconRobyn Tongol 06 June 2023 Podcast
expand image

In this episode, Smart Property Investment’s Phil Tarrant and Finni Mortgages’ chief executive, Paul Glossop, talk about the central bank’s move to take another swipe at inflation, how mortgage holders are being caught in the crossfire and why they think borrowers are not completely “out of the woods” just yet.

While the duo acknowledge it will take a longer time for the rate rise cycle to reach its last stop, they explore the different ways borrowers can find reprieve amid the rising mortgage squeeze — including a modified serviceability assessment rate offered to those who have a good track record among lenders.

Lastly, they advise property owners to focus on “longevity”, explain why one’s borrowing capacity is “just one aspect” of the equation, and discuss the importance of “stress testing” your personal cash flow.


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.

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!

You need to be a member to post comments. Become a member for free today!