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Australia’s mortgage burden is now above 1989 levels – when interest rates were 17%
KPMG analysis rebuts claims older generations had it harder when it came to buying and paying off a home
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abc.net.au
Life now tougher for borrowers than 17pc interest days, analysis finds
Who had it tougher on housing? These stats may put the generational debate to bed.
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theage.com.au
Super-sized mortgages giving Australians a massive interest rate headache
Australian mortgages are so large that the nation’s interest bill is higher than when official interest rates were almost 20 per cent.
