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Higher rates for longer spooking some buyers | The company | ABC News

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Real estate agents say higher borrowing charge rates are putting off some home buyers. It comes as the Reserve lender left the cash rate on hold at 4.35 per cent. RBA governor Michele Bullock says financial conditions are “particularly restrictive” on households at the moment, and she hopes she doesn’t have to raise rates again. … Read more

Strata debts sending more Aussie homeowners bankrupt | The enterprise | ABC News

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A growing number of homeowners are being sent bankrupt because of debts owed to body corporates over the upkeep of building complexes. Consumer groups say it often starts as a small amount but quickly escalates once fees and charges are added, landing some Australians in court. Strata companies are facing calls to offer hardship arrangements. … Read more