ANZ's new 50-year mortgage proposal has been labelled a dangerous option that Australians should "avoid at all costs." Experts warn it could leave borrowers "shackled" with debt, potentially costing them hundreds of thousands of dollars in the long run. #MortgageWarning #FinancialAdvice #ANZ #DebtAwareness #FinanceTips #AustralianHousing #AvoidDebt #Auspol #PonziScheme #BetterNotBigger #Ausproperty

https://au.finance.yahoo.com/news/anzs-mortgage-proposal-aussies-should-avoid-at-all-costs-shackled-013028089.html

ANZ's mortgage proposal Aussies should 'avoid at all costs': 'Shackled'

The bank boss said the home loan industry needs to look at new ways of getting people into the property market.

Yahoo
Was listening to a pretty scary talk today. Things are quite tough in the South African economy at the moment and I don't think they are going to get better for a few years. Time to batten down the hatches and not buy anything expensive and new.... #AvoidDebt #hierkomkak