The Savings Tip Jar

29: Is the 3% serviceability buffer too restrictive? With Peter White AM


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This week Dom and Harrison sat down with Peter White AM, the managing director of the Finance Brokers Association of Australia, or FBAA. In his 40-plus year career, Peter has seen it all. And he says the current financial situation is unprecedented - fixed rates rolling off, the record pace of interest rate rises, serviceability buffers, and more.

Plus all the usual news, updates, and chortles.

00:00 - 02:07 - Intro & Dom's fear of Ekka rides

02:07 - 04:43 - Wage Price Index 3.6%/yr

04:43 - 09:15 - Barbie & Oppenheimer lead to surge in cinema spend

09:15 - 12:35 - Teachers Mutual Bank's 5.50% savings account

12:35 - 16:23 - Insurance premiums skyrocketing

16:23 - 45:07 - Peter White

45:07 - 49:59 - Debrief and outro

...more
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The Savings Tip JarBy Savings.com.au