Dealing with financial stress from increased cost of living.
Australia is in the grips of cost-of-living crisis which poses a threat to the financial stability of many, with high levels of financial stress almost guaranteed for millions experiencing rising costs.
Top five reasons people get into mortgage stress.
Mortgage stress is never far from the news in Australia, with years of historically low-interest rates and a booming property market, home ownership became within the reach of millions.
Uni students become more debt laden.
University students will feel the pinch even more as the indexation rate applied to HECS–HELP loans has jumped from 1 June 2022 to 3.9 per cent (0.6% per cent in 2021), the highest rate in a decade.