EP: 1190•14 Dec 2022

Are Banks Making Bank? How Much Banks Are Really Making Through Higher Interest Rates | Ep. 1190

About this episode

In this episode, we discuss whether banks really are making enormous profits from higher interest rates, and whether property investors and first home buyers are paying too much in interest costs.

This includes a look at how banks set interest rates and the net interest margin that each bank makes when lending out money for residential property. We also take a look at the composition of each bank's funding.

We also mention that we have just released our My Wealth Plan software, which you can use to see whether you are on track for retirement.

Want to stay ahead of the financial game with our exclusive Interest Rate Insight Report, tailored just for you. Each month you’ll receive the latest interest rates and predictions straight to your inbox.

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Are Banks Making Bank? How Much Banks Are Really Making Through Higher Interest Rates | Ep. 1190

About this episode

Interest-Free Home Loans The Truth Behind the Hype⎥Ep. 2246

Break Fee Myths What the Banks Don’t Tell You⎥Ep. 2245

How The Rich Use Debt To Get Richer (And You Can Too)⎥Ep. 2244

Buying at the Peak How to Survive When the Market Turns Against You⎥ Ep. 2243