Australia's home loan borrowers are in dire straits as they can't pay their mortgage payments

A real estate advertising board is seen next to a house in Canberra (AAP Image/Lukas Coch) NO ARCHIVING Credit: AAPIMAGE

Due to inflation and high interest rates in Australia today, many home owners who have taken out home loans are in dire straits. The Australian Securities & Investments Commission or ASIC has presented a latest survey report on this situation. Listen to SBS Sinhala explainer for more information.

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