[theold]

More Australians are falling behind on their mortgage repayments as the combination of inflation and high-interest rates bite deep into family finances, the nation’s top economic watchdogs have conceded.

Minutes of the most recent meeting of the Council of Financial Regulators, a group that includes the Reserve Bank, Treasury, the Australian Prudential Regulation Authority and the Australian Securities and Investments Commission, show a lift in the number of hardship applications to the nation’s banks for relief from their home loan repayment plans.


https://www.theage.com.au/politics/feder...5fbcp.html