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✓ Published: 21-May-2024
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✓ Published: 21-May-2024
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A growing number of Australians are falling into mortgage hardship as high interest rates bite, and many households are not receiving the help they need, despite approaching their lenders. The regulator says it's closely watching how banks respond to the rising stress of its customers and will not hesitate to take legal action.
A growing number of Australians are falling into mortgage hardship as high interest rates bite, and many households are not receiving the help they need, despite approaching their lenders. The regulator says it's closely watching how banks respond to the rising stress of its customers and will not hesitate to take legal action.
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