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Digital Finance Analytics’ Martin North has done a great job in highlighting the mortgage stress building across Australia. On Monday, North’s research received extended coverage in the Herald-Sun, whereby some 300,000 Victorian households are already feeling the pain of higher mortgage rates, flat incomes and rising costs of living.
On Monday night, Nine News ran a segment on Sydney that incorporated the latest research from DFA’s mortgage stress modelling as well as research from finder.com:
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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.