The Myth Of The Mortgage ‘Cliff’
Monetary policy Much-hyped concerns that people rolling off cheap fixed-rate home loans could be caught up in a wave of defaults and mortgage arrears have so far proved overblown.
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With respect to areas that we are not licensed in such as Legal, Banking etc, we work closely with ‘best of breed’ in the industry to provide a seamless service and effective delivery.











Monetary policy Much-hyped concerns that people rolling off cheap fixed-rate home loans could be caught up in a wave of defaults and mortgage arrears have so far proved overblown.
The already-record share of income households spend on mortgage repayments will increase even further, the Reserve Bank has warned, causing borrowers to dip into savings to meet the rising cost of living.
Golden years Whether it’s overseas holidays with the family, or a more modest life closer to home, there are retirement plans to suit every budget, writes Duncan Hughes.
The recovery in property prices, led by surging population growth and a severe housing shortage, could prove short-lived if unemployment rises and the Reserve Bank keeps the cash rate high, economists warn.
A further slowdown in global trade, the cost of the transition to net zero emissions and waning business dynamism could drive down productivity growth and make Australians poorer, the Reserve Bank has warned.
The proportion of pandemic-era home buyers bailing out within two years and selling for a loss more than tripled to 9.7 per cent in the June quarter from a year earlier.
Australians will devote almost one in every four dollars of their earnings to paying income tax and loan interest by the middle of next year, as hundreds of billions of dollars of fixed-rate mortgages roll off and workers lose wage gains to bracket creep.
Australian households are yet to feel the full impact from the Reserve Bank’s tightening cycle on mortgage repayments, with economists tipping the first half of 2024.