‘How Risky is Australian Household Debt?’

Discussion in 'Markets & Economies' started by mmm....shiney!, Aug 27, 2020.

  1. mmm....shiney!

    mmm....shiney! Well-Known Member Silver Stacker

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    Latest figures from APRA indicate a further reduction in the number of housing loan deferrals as a result of the pandemic.

    From a high of 11% in May 2020 and 9% in August, the number of housing loans that have been granted temporary relief during September is now down to 7%. It would appear that the risk has been averted, no doubt we await what the future holds.

    https://www.apra.gov.au/temporary-l...to-covid-19-september-2020-accessible-version

    These charts are total loans ie include housing and SMEs (small and medium sized businesses):

    Screen Shot 2020-11-05 at 7.50.15 am.png Screen Shot 2020-11-05 at 7.51.35 am.png

    SME deferrals are running higher than housing but make up a significantly smaller proportion of the total loans:

    Screen Shot 2020-11-05 at 7.58.41 am.png

    temporary-loan-repayment-deferrals-due-to-covid-19-september-2020
     

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