The Gold Coast Bulletin

Stress on households

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EVEN a small rise in interest rates would put more than 10,000 Queensland households at risk of defaulting on their home loans.

Figures from Digital Finance Analytics reveal just a 0.5 per cent increase would throw more than 150,000 Queensland homeowners into stress and 10,191 would be close to being forced to default or sell up.

The RBA is expected to leave interest rates on hold when it meets today.

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