Australians facing A$480 bln in interest-only loan expiries, risks small -RBA
22 Apr Australians facing A$480 bln in interest-only loan expiries, risks small -RBA
Posted at 22:04h
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by KMFSLLP
SYDNEY, April 24 (Reuters) – Around A$120 billion of
interest only loans in Australia are due to expire every year
between 2018 and 2021 which will pressure the finances of some
borrowers, though a top central banker said the overall impact
on households will be modest.
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