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More Australians failing to make mortgage payments as interest rate rises bite

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The Age Australia
By Nick Bonyhady
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More Australians failing to make mortgage payments as interest rate rises bite
Photo / Coverage: The Age AustraliaCredit: Nick Bonyhady
EXECUTIVE SUMMARY

Data from the Commonwealth Bank of Australia attributed the higher rate of people struggling to inflation and rising interest rates.

Key Takeaways

  • More Australians failing to make mortgage payments as interest rate rises bite.
  • Data from the Commonwealth Bank of Australia attributed the higher rate of people struggling to inflation and rising interest rates.
  • Data from the Commonwealth Bank of Australia attributed the higher rate of people struggling to inflation and rising interest rates.

Data from the Commonwealth Bank of Australia attributed the higher rate of people struggling to inflation and rising interest rates.

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Published originally on The Age Australia

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