Original article by Michael Bleby
The Australian Financial Review – Page: 7 : 31-Jul-17

Almost 50 per cent of Australian mortgage holders are spending more than 30 per cent of their pre-tax income on repayments, according to a survey by ME Bank. It also found that borrowers are less confident than they were six months ago about their ability to meet minimum mortgage repayments, with investors more pessimistic than owner-occupiers. Similarly, borrowers are less confident than when previously surveyed about their ability to repay more than the minimum amount on their mortgage.

CORPORATES
ME BANK, RESERVE BANK OF AUSTRALIA, AUSTRALIAN PRUDENTIAL REGULATION AUTHORITY