Tag: ponders
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Worst mortgage stress since GFC as Reserve Financial institution board ponders charges hike
One other 30,000 Australians might be thrown into threat of mortgage stress if the Reserve Financial institution raises rates of interest on Tuesday, based on estimates from Roy Morgan, which is monitoring the most important rise in mortgage pressure since 2009. About 1.3 million Australians are actually thought-about “in danger” of mortgage stress, up 10.2…