Reserve Bank: New figures show huge jump in WA homeowners falling behind on repayments

[Pelican Press 0]

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Reserve Bank: New figures show huge jump in WA homeowners falling behind on repayments

The share of WA homeowners falling months behind on mortgage repayments has jumped almost 50 per cent in 12 months, according to official data that underscores just how severely the Reserve Bank’s 13 rate hikes have hurt households.

New RBA figures obtained by WA ******** senator Dean Smith also reveal suburbs in and around Gosnells in Perth’s south-east are suffering some of the highest rates of mortgage pain in the country.

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