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Australia has a rule of thumb for mortgage stress. Here's where it falls short
The 30:40 mortgage indicator is often used to define mortgage stress in Australia. Experts say the rule isn't rigid.
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theage.com.au
Mortgage stress surges across Australia
Experts are warning Australia has hit its highest risk of mortgage defaults in 25 years, with thousands of homeowners at risk of falling behind on repayments.
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sbs.com.au
Not a 'red line': The problem with Australia’s mortgage stress measure
The 30:40 mortgage indicator is often used to define mortgage stress in Australia. Experts say the rule isn't rigid.
