The Savings Tip Jar

79: How Rabobank can offer a 5.75% savings account, with head of online savings Julie Blanchard


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On episode 79 of the pod we were joined by Julie Blanchard, the head of online savings at Rabobank. Now Rabo is a bit of an interesting player in the banking landscape as it doesn't have retail loan products, and serves solely to provide loans to high quality agriculture borrowers. To do this it needs to attract customer deposits, and what better way to do that than to offer a juicy savings account rate of 5.75% p.a.

In addition to Julie we also spoke to Emma Duffy, the editor of Your Investment Property Magazine to discuss some new research showing that housing affordability is the lowest on record, but that investors aren't to blame. Blame the gubberment instead.

And we cover off the latest news, of course.

00:00-01:35 – Intro

01:35-04:13 – Savings Tips of the Week

04:13-06:24 – Australia records meagre GDP growth

06:24-09:20 – Investors piling into the lending market

09:20-11:53 – A third of first home buyers using government support

11:53-18:12 – Housing affordability lowest since records

began, with Emma Duffy

18:12-34:38 – What Rabobank is all about, with Julie

Blanchard

34:38-36:02 – Outro

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The Savings Tip JarBy Savings.com.au