Growing mortgage stress in Australia amid cost of living crisis
Levels of mortgage stress are at their highest levels since the 2008 financial crisis, with broad sections of the working class struggling to make ends meet.
Source: wsws.org
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Mortgage borrowers are doing it even tougher than renters as interest rates surge
Research shows mortgage borrowers are paying the highest share of their income on housing costs in at least four decades, but the current situation for renters is not historically unusual.
Source: abc.net.au
Interest rates: S&P says mortgage arrears are rising
The cumulative effect of multiple interest rate rises is taking its toll, S&P says, naming Katoomba in the Blue Mountains as the worst performer.
Source: afr.com
Murray Bridge river reserves reopen for Easter
Murray Bridge Council has begun reopening popular reserves and river access points shut during flooding in time for Easter holidaymakers and visitors.
Source: indaily.com.au