Business
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 d…
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…
Continue Reading
