SKIP TO MAIN CONTENT

Concern over number of people with interest only mortgages

SBS Indonesian

Follow and Subscribe

ANZ chief executive Shayne Elliot
ANZ chief executive Shayne Elliot Source: AAP

Consumer groups have expressed concern after banking giant Westpac revealed half of its customers with mortgages are still paying interest-only on their loans.

Follow and Subscribe

Apple Podcasts YouTube Spotify Download (1.83MB)
Download the SBS Audio appAvailable on iOS and Android

Published

Updated

By Marija Zivic (Original), Samantha Beniac-Brooks

Presented by Tia Ardha

Source: SBS

Skip to podcast episode content

Consumer groups have expressed concern after banking giant Westpac revealed half of its customers with mortgages are still paying interest-only on their loans.

Westpac and its major rivals responded by hiking up rates for interest-only loans to make them less attractive. 

Latest podcast episodes

Follow SBS Indonesian

Download our apps

Listen to our podcasts

Get the latest with our exclusive in-language podcasts on your favourite podcast apps.

Watch on SBS

SBS Indonesian News

Watch it onDemand

Stream now