LJ Hooker s head of research Mathew Tiller said a big surge in monthly mortgage repayments could lead to more investors selling their rental properties - giving first-home buyers hope.
Australia s struggling borrowers are much more likely to live in Melbourne than Sydney following the most aggressive pace of interest rate rises since 1989. Here are the worst-affected suburbs.
The data from S&P Global Ratings will be used by banks as they determine lending policies such as requiring higher deposits amid rising interest rates.
A million Australians with a mortgage are expected to be cash flow negative by Christmas, even if rates don t rise again. That s based on mortgage repayments and bills exceeding after-tax pay.