You are here

Australians able to service mortgage debt, says RBA official

Melbourne

THE bulk of mortgage debt in Australia is held by higher-income households best able to service it, a top central banker said on Thursday, though there were pockets of stress where those on lower incomes had to take on a lot of debt to buy a home.

Reserve Bank of

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom