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PERSONAL/BUSINESS COACH | PROPERTY BUYER | ANALYST

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Monday, 16 September 2019

Arrears up 11bps over the year

Arrears a bit elevated

Mortgage arrears declined by a further 2 basis points to 1.49 per cent in July 2019.

Arrears remained 11 basis points higher than they were a year earlier.


The year-on-year increase was quite broadly reflected around the states.


Arrears rates remain well below 1½ per cent in New South Wales and Victoria, as well as in the ACT. 

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