Daily Archives: September 4, 2020

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Shrinking Economy Creates Mortgage Stress

September 4th, 2020

Australia’s shrinking economy continues to create stress, with weakening commercial and employment conditions forcing the nation’s first recession in many years. The pandemic is heaping pressure on every part of the economy, as new data from Digital Finance Analytics (DFA) highlights the struggle felt by many mortgage holders. Australian households are under very real mortgage stress, including 1.5 million people […]