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We’ve already heard about the mortgage deferral ‘time bomb’ – the time when the $192 billion of mortgages currently deferred must start being repaid, potentially driving a wave of mortgage defaults.
Well, we’ve also got a rental deferral ‘time bomb’ fast approaching:
Bureaucrats, agents and even tenant advocates say no one knows how many renters are running up debts under Covid-19 regulations
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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.
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