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Australian financial media says One in five borrowers is ‘screwed’

Australian Financial Review with the headline, One in five borrowers is ‘screwed’ (gated).Some of the 'highlights' of the report, low lights really, things are not looking promising: The Reserve Bank of Australia likes to spin that “most” borrowers are fine, but between 15 and 20 per cent are in trouble. 13 %of borrowers cannot afford to make their debt repayments after living costs, up from a mere 3 per cent last year while the RBA and media are crowing about how Aussie households and busines... Read More

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Content Topics

Australian

Financial

Media

Says

Five

Borrowers

Screwed

screwed

Forex

Posted: Oct 13 2023, 02:18

Author Name: forexlive

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