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Thousands of Australian homeowners are struggling to make their repayments, with Tasmania, Sydney and Perth all feeling the heat

More than half of Tasmanian homeowners now face mortgage stress, according to consumer advocacy group CHOICE. It ranks the Apple Isle as the Australian state most susceptible to financial hardship linked to home loan repayments. ....

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Thousands of Australian homeowners are struggling to make their repayments, with Tasmania, Sydney and Perth all feeling the heat

Thousands of Australian homeowners are struggling to make their repayments, with Tasmania, Sydney and Perth all feeling the heat
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Where you can get help and support in Australia this Christmas

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While it’s often spruiked as the happiest time of the year, Christmas can also be lonely and stressful.
And during a challenging year upended by the COVID-19 pandemic, charities and services say more Australians have been feeling the strain as they grapple with the emotional and financial fallout of 2020.
The Salvation Army is always busiest at this time of year as it provides hampers, gifts, meals and accommodation for those in need, but the organisation expects Christmas 2020 to be its biggest ever.
“There’s lots of new faces, lots of new people coming to the army who quite possibly were donors last year,” the organisation’s national public relations secretary Bruce Harmer told SBS News. “This year they’re needing our support.” ....

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