Search results

This may be a sign that folks spent less on mortgages over the past few years due to less sales, less access to loans (post GFC Bank mentality), end of FHOG and generally stopped spending due to negative sentiment?

I would venture to say that an overwhelming proportion of folks are still near to their maximum serviceability levels already. A few years ago, it was stated that the Average Aussie spends 105% of their income. Despite the recent statements that folks are decreasing debt and saving more, I'd...