Home loan deferrals wind down as banks end mortgage holidays

From a peak of 854,606, the number of home and small business loan deferrals dropped to less than 5,000 as the banks wound up their programs at the end of last month, new data shows.

The latest data from the Australian Banking Association reveals there were just 3,170 home loans with the big four banks and Suncorp still deferred by the end of March.

That was down from a peak of 468,786 of total deferrals requested throughout the pandemic.

It means…