On this week's episode we have a bit of a potpourri. Our special guest this week is Olivia McArdle, the head of payments and deposits at Macquarie Bank. We spoke to her about the state of the savings account market, why customers are getting fed up with deposit conditions, and where the bank sees the market heading in the next little while.
Plus we spoke to Brooke Cooper, editor at Your Mortgage, about the home guarantee scheme and the changes afoot. They are big changes - income limits scrapped, place numbers unlimited, and significant bumps in the price caps. So, will it actually help or will it just lead to yet more price rises?
And all the latest news and savings tips of course.
Details of the home guarantee scheme tweaks here
https://www.yourmortgage.com.au/mortgage-news/home-guarantee-scheme-expansion-all-first-time-buyers-offered-5-deposit-option
01:35 - Savings tips, use less moisturiser and stash a key
04:05 - Inflation news
07:40 - ING cashback news
10:27 - PEXA settlement scams news
16:07 - Home guarantee scheme tweaks with Brooke
29:18 - What's Macquarie got cooking up with Olivia
