Business
Sydney lockdown triggers return of loan deferrals – The Australian Financial Review
The coronavirus outbreak in Sydney has seen the return of loan deferrals as the lockdown enters its third week.
The return of loan deferrals marks a significant phase in the outbreak of the infectious delta strain. The banking sector had all but run down the loan deferrals extended to borrowers in 2020 that swelled to $266 billion or 10 per cent of the total mortgage…
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