Aussies raid super to pay their mortgages

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By Leith van Onselen

An interesting series of comments appeared on a recent story on mortgage delinquencies published at Who Crashed The Economy.

A person named Sarah, who collects debts for a smaller bank, claimed that the number of people struggling with their mortgage payments, and attempting to access their superannuation early, has surged outside of Sydney and Melbourne:

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.