Tuesday 7 July 2020
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abc.net.au - 1 month ago

More than 1.4m Australians in mortgage stress, almost 100,000 at risk of default after JobKeeper ends

As Australia enters its first recession in 29 years, economists predict that after the JobKeeper payment ends in September, and mortgage repayment holidays are over, cash-flow stressed households could quickly translate to mortgage defaults.


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