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Wednesday, 18 October 2017

Arrears fall again

Home loan arrears improve

Mortgage arrears fell further, down to just 1.10 per cent in August, according to S&P.

In New South Wales, delinquencies fell to just 0.79 per cent. 

In fact, there were solid results in every state and territory in the month, reflecting improved labour market conditions.

More detail from Scutty at Business Insider here