Blogotariat

Oz Blog News Commentary

Mega mortgages threaten Australia’s retirement system

November 25, 2024 - 00:05 -- Admin

Harry Chemay published an article on Michael West showing data from the latest NAB Wellbeing Survey. It showed how older Australians are carrying significant debts into their retirement years. “According to the ABS, the most recent estimated average mortgage outstanding for those aged between 55 and 64 is now north of $230,000”, Chemay wrote. “How

The post Mega mortgages threaten Australia’s retirement system appeared first on MacroBusiness.