"Don't tough it out on your own" - Aust Banking Association campaign as Melb Cup Day rate hike looms

As borrowers brace for a possible interest rate rise next week on Melbourne Cup Day, major banks are urging customers already in mortgage stress to speak up. The Australian Banking Association will today launch an advertising campaign telling distressed borrowers they don't need to "tough it out" - and banks are ready to help as they did during the height of the pandemic. The ABC's senior business correspondent Peter Ryan speaks with ABA chief executive Anna Bligh.