Aussies Extending their Mortgages to Make Ends Meet
With the series of interest rate hikes and inflation some Australians are struggling to pay their mortgage, and are extending the life of their loans to make ends meet. What are the long term consequences of this not only for individuals but us as a nation?
Show notes:
Aussies’ desperate mortgage act costing them big as interest rates, inflation bite
https://www.news.com.au/finance/economy/interest-rates/aussies-desperate-mortgage-act-costing-them-big-as-interest-rates-inflation-bite/news-story/24393b578d17292a3be94ddb90387f6c
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This presentation was originally broadcast on Edge Radio Australia www.edgeradioaustralia.com
None of the information on this show is financial advice and we are not a licensed financial planning, accounting or law firm. Blu Sky Factory is simply an education company, which will give you factual information. We do not give any general or specific advice around finance, business, investing, options, trading, accounting, estate planning, or anything else. That is not what this presentation does. Please see a licensed financial planner/accountant/lawyer when it comes to any investment advice you need.
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