August 2022 Mortgage Stress: First Take

We update the latest from our models and surveys, which now includes the ABS Census data from last year.

Unfortunately mortgage and rental stress continue to track higher, thanks to higher interest rates and rising costs of living.

Many household have large debt burdens. The National Debt Helpline line on 1800 007 007 is an excellent place to go to get free advice.

About Us

National Debt Helpline is a not-for-profit service that helps people tackle their debt problems. They are not a lender and they don’t ‘sell’ anything or make money from those in debt. Their professional financial counsellors offer a free, independent and confidential service. They are simply there to help you get back households on track. Beware of some of the other paid services which are found on the internet.

Go to the Walk The World Universe at https://walktheworld.com.au/

Author: Martin North

Martin North is the Principal of Digital Finance Analytics

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