The 2016 Census revealed that the percentage of households that own their homes outright has plummeted by 10 basis points over the past 20 years:
With more Australians carrying mortgages later into their lives, new research from the Australian Housing and Urban Research Institute (AHURI) has found that Australians are being made to work longer and retire later, thus potentially offsetting some of the lost labour force participation that generally arises from an ageing population. From The AFR:
