Business
Mortgage and rental stress worsen in May – The Australian Financial Review
The proportion of households struggling with mortgage repayments climbed by more than 3 percentage points in NSW and Canberra…
Many households in stress have less hours worked than they want, and no income growth. Bigger mortgages by first time buyers and equity drawdowns are lifting repayments as lending standards ease and more interest-only loans are being made.
Mortgage stress…
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