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Lending to property investors falls at record pace, as Australians fall behind on home loans

Share of CBA customers struggling to repay their mortgages has climbed to 12-year high Get our breaking news email , free app or daily news podcast New lending to property investors fell at its fastest pace on record through the three months to September, as landlords adjust to higher taxes against a backdrop of plunging property prices and rising interest rates . The latest figures come as the country’s biggest lender, the Commonwealth Bank, reported that the share of its customers struggling …

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The GuardianLean L·1h ago
Lending to property investors falls at record pace, as Australians fall behind on home loans
Share of CBA customers struggling to repay their mortgages has climbed to 12-year high Get our breaking news email , free app or daily news podcast New lending to property investors fell at its fastest pace on record through the three months to September, as landlords adjust to higher taxes against a backdrop of plunging property prices and rising interest rates . The latest figures come as the country’s biggest lender, the Commonwealth Bank, reported that the share of its customers struggling …
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Lending to property investors falls at record pace, as Australians fall behind on home loans

How 1 sources are covering this

Lending to property investors falls at record pace, as Australians fall behind on home loans

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