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AAP
AAP
Politics
Poppy Johnston

Households keep falling behind as rate increases bite

Many mortgage-holders are struggling to make repayments as households are hit with rising costs. (Lukas Coch/AAP PHOTOS)

Australian borrowers are feeling the squeeze with more mortgage-holders falling behind on their monthly repayments, albeit from low levels.

Yet even with higher interest rates and elevated living costs, the Council of Financial Regulators said most mortgage-holders were able to stump up the money each month by adapting their spending habits.

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