Fitch Ratings has released its Australian Mortgage Delinquency report as at 31 March 2015, which reveals a clear lift in mortgage arrears rates in mining regions across Queensland, Western Australia and the Northern Territory.
The coal mining region of Mackay in central Queensland has been worst hit, with the dollar value of 30-day arrears surging by 0.59% over the half to 2.01%, with regional Western Australia also experiencing a 0.36% lift in arrears to 1.88%:
