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1.3 million Aussies unable to afford their homes – Yahoo Finance Australia
More than one million Australians are only a few hundred dollars away from losing their residence.
As many as 1.3 million Australians are on the verge of losing their homes, with the JobKeeper and JobSeeker payments presenting the only financial buffer, new research has found.
Mozo analysis found 26 per cent of Australians (1.3 million people) would be unable to afford mortgage repayments or rent for their current home when the JobSeeker boost and JobKeeper end.
The analysis comes as the government confirms JobKeeper will continue until March, albeit in a lower-value and more targeted for…
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