Mortgage Stress in Growth Areas – the ticking time bomb

Wednesday, 2nd September ONLINE EVENT

1pm - 2pm AEST

16 of the top 20 postcodes suffering mortgage stress are in NGAA Member Council areas. Half of all households in growth areas are under mortgage stress, with more than 300,000 lower income families at particular risk. With an additional 70,000 growth area residents claiming JobSeeker in May 2020, and JobKeeper payments ceasing at the end of September, the level of financial vulnerability is extremely high.

This webinar will take a deep dive into the impact of financial stress on growth area households and Councils, and the ticking time bomb of mortgage defaults.

Public event