Local shares could make gains as reporting season continues, and the chief executive of Fortescue leaves after less than six months. Follow the day's events and insights from our business reporters on the ABC News live markets blog.
By Stephanie Chalmers
The number of borrowers at risk of mortgage stress has hit levels not seen since 2008, new research shows.1.5 million, or 29 per cent, of borrowers were at risk of mortgage stress in July 2023While the percentage of affected people is lower than in 2008, the number of Australians at risk is higher due to growth in the population and the number of people in the mortgage market.steadily risen since the RBA began its aggressive run of interest rate rises in May last year.speak in Canberra tomorrow eveningKathryn Diss
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