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KM Financial Solutions | UPDATE 1-Australians facing interest-only loan expiries, risks small -RBA
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UPDATE 1-Australians facing interest-only loan expiries, risks small -RBA

22 Apr UPDATE 1-Australians facing interest-only loan expiries, risks small -RBA

Posted at 22:24h in News by
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SYDNEY, April 24 (Reuters) – Around A$120 billion of
interest only (IO) loans in Australia are due to expire every
year between 2018 and 2021 and put pressure on the finances of
some borrowers, though a top central banker said the overall
impact on households will be modest.

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