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There’s no discernible trend in loan defaults and arrears now, but it is coming, APRA has highlighted.
Mortgage arrears are slowly rising at the major bank, but business lending arrears have improved, according to new NAB data.
A small group of borrowers could fail to meet debt payments due to low savings and high levels of debt, the RBA has flagged.
Mortgage arrears have remained resilient to multiple interest rate rises, but holiday spending could see the tide turn, latest data has revealed.