Mortgage stress now grips 42 per cent of Australian households, according to a UNSW City Futures Research Centre survey. This is a sharp increase from 30 per cent in February 2020.
Tearing up the disastrous Murray-Darling Basin Plan is essential to save Australian agriculture. Dam levels across the entire basin are at only 33 per cent capacity and yet we’re only at the start of summer.
Since the election in May, the Morrison government, Reserve Bank and Australian Prudential Regulation Authority have thrown everything and the kitchen sink at reversing the fall in house prices.
