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Australian Banks Warn of Persistent Housing Affordability Crisis Despite Price Declines

Lenders caution that borrowers face mounting pressure from falling property values and anticipated interest rate hikes.

3 Sept, 08:29 — 3 Sept, 08:29
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sydney-morning-heraldMostly Factual6h ago

Banks warn affordability to remain a major issue despite property price decline

Property prices are coming down, but borrowers are staring down a double blow, with another interest rate hike on the horizon.

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