Australia’s hidden home loan crisis
ABC News Daily - A podcast by ABC
Imagine the excitement of buying your first home and then having to sell it just a few years later. That’s the reality for a growing number of Australians who can’t cope with the 13 interest rate hikes ordered by the Reserve Bank. Today, business editor Michael Janda explains what the data shows about growing hardship for borrowers and why the big banks have a case to answer. Featured: Michael Janda, ABC Business Editor