According to the latest data from Australia's prudential regulator, borrowers with deposits smaller than 10% were more likely to extend their home loan deferral.
Australia might be tipped for a faster than expected economic recovery from the coronavirus, but that doesn’t mean everyone is going to have a good time. Many Australians who rent could be looking at a harsh new year.
A resurgence in the mining sector and the ability to work from home due to COVID is leading Aussies to shun capital cities in favour of regional property markets.