Home loan deferral hotspots concentrated in Queensland, new data shows – ABC News

It sounds like an idyllic tour of Queensland: The Whitsundays, Noosa, Surfers Paradise, Coolangatta, Broadbeach. Instead it is a grim list of the top mortgage deferral hotspots.
Key points:

• Queensland holds nine out of the top 10 areas for mortgage deferrals with the major banks, with tourist areas hardest hit
• Areas around Melbourne’s suburban fringe also had high rates of mortgage arrears
• A UBS survey shows one-in-five people on deferrals intend to ask for an extension…

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