Australians with mortgages are so far mostly managing to cope with higher interest rates, but the full impact of recent rises is yet to be felt and increased costs for energy are still to take effect, economists say.
A gauge of financial stress run by credit analysis company Fitch Ratings found instances of people falling behind in mortgage repayments by 30 days or longer were at 0.82% in the June quarter, the lowest level in at least 20 years that its Dinkum RMBS Index has been running.