Income needed for repayments has declined over the last decade
The decline was likely driven by lower interest rates and other factors, according to the Australian Bureau of Statistics
Interest-only borrowers vulnerable to ‘payment shock’
They would be devastated if the economy took a nose dive or if house prices fell, the RBA warned
Morrison: Aussie property ‘as safe as houses’
While house prices were high, they were underpinned by strong economic fundamentals
ANZ and Westpac CEOs grilled over interest-only loans
Parliament asked both men to explain their bank’s recent interest-only rate hikes
Confusion swirls around home loans market
Banks appear to have misclassified many of their customers, according to recent reports
Breaking down the housing affordability crisis
Young adults have been effectively locked out of Sydney and Melbourne’s housing markets and many pensioners are retiring with mortgage debt
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Mortgage stress continues to climb
An increasing number of high-income households are experiencing stress, according to Digital Finance Analytics
Property prices in Sydney are starting to drop
The slowdown in house price growth offers strong evidence that APRA’s tighter lending rules are having an impact on the market