There are just 3,170 deferred mortgages remaining with Australia's largest lenders. Banks say the worst is now over.
(Mark Syke, View Pictures, Universal Images Group via Getty Images) The Australian economy appears to have undergone an “impressive recovery” after hundreds of thousands of loan deferrals were finalised. New figures released by the Australian Banking Association (ABA) shows less than 5,000 loan deferrals remain outstanding across Australian businesses and households. With the figures timestamped to before the end of JobKeeper and other support measures, thousands of Australians may not be out of the woods just yet. The banks are confident Australian borrowers have come through the pandem...