"Half of all people who have a mortgage with Westpac are not paying back any principle"

A Westpac branch

CEO Westpac Brian Hartzer nói ông không có vấn đề gì với số nợ vay chỉ trả lời của ngân hàng ông. 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. That's despite a regulator push for a cap, and it comes off the back of rising household debt and slow income growth.



Share
Follow SBS Vietnamese

Download our apps
SBS Audio
SBS On Demand

Listen to our podcasts
Independent news and stories connecting you to life in Australia and Vietnamese-speaking Australians.
Ease into the English language and Australian culture. We make learning English convenient, fun and practical.
Get the latest with our exclusive in-language podcasts on your favourite podcast apps.

Watch on SBS
SBS World News

SBS World News

Take a global view with Australia's most comprehensive world news service