More Australians Struggle to Pay Mortgage Despite Interest Rate Cut

More Australians Struggle to Pay Mortgage Despite Interest Rate Cut

An increasing number of Australian homeowners are having difficulty repaying their mortgages despite the recent interest rate cut in February. New data (pdf) from the Commonwealth Bank of Australia, the country’s largest retail lender, indicated that there had been a notable increase in mortgage arrears among its customers. Specifically, the percentage of CBA borrowers who were over 90 days behind their mortgage payments reached 0.71 percent in …

Property markets show mixed trends across Australia

Australia’s property market saw varied conditions in early 2025, with interest rate cuts, regional growth, and affordability shaping trends.

More Banks Cut Interest Rates – But What Does It Really Mean for You?

In recent weeks, a quiet shift has been happening behind the scenes in our financial system. While the Reserve Bank of Australia (RBA) continues to hold...

Aus bank’s shock finding ahead of ‘six’ rate cuts - realestate.com.au

A new study has found a sad truth about Australians amid a rate cut call that no one saw coming.

Although the Reserve Bank of Australia (RBA) is widely expected to announce an interest rate cut in May, experts say this does not mean that the budget pressures of many households will be relieved immediately.