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Mortgage repayment cliff beckons

May 29, 2020 - 14:00 -- Admin

A Senate committee has been told that businesses and households have now deferred around $250 billion worth of loan repayments due to the coronavirus pandemic. However, Australian Prudential Regulation Authority (APRA) chairman Wayne Byres conceded that some customers will not be able to repay their loans when they are required to resume repayments: Australian Prudential

The post Mortgage repayment cliff beckons appeared first on MacroBusiness.

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