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Commonwealth Banks own figures to Sept 2008 can be found here - page 24-26 show the graphs below. I'd guess CBA is fairly representative of the big 4, which have 80%+ of the market. They don't show anything especially out of the ordinary, certainly nothing close to the figures suggested by TF.

Do you have a link ?

That is the headline grabbing definition.....:rolleyes: ....however, according to page 6-7 of the RBAs Housing Affordability in Australia Background Notes many commentators are misusing the definition of mortgage stress.... The whole of the report is only 12 pages (with lots of...