Lending to property investors falls at record pace, as Australians fall behind on home loans
Verified: 2 outlets in 2 countries have reported this story since Nov 11.
Share of CBA customers struggling to repay their mortgages has climbed to 12-year high New lending to property investors fell at its fastest pace on record through the three months to September, as landlords adjust to higher taxes against a backdrop of plunging property prices and rising interest rates. The latest figures come as the country’s biggest lender, the Commonwealth Bank, reported that the share of its customers struggling to repay their mortgages had climbed to a 12-year high.
How sure are we
Two or more outlets reported this story and its reliability score reached 65%, so WorldPulse marks it verified. That means more than one outlet says so, not that it is proven true.
Who reported it
- Nov 11, 1:26 AM UTCFirst reportAustralia home loans fall record 15.5pct by value in September quarter amid investor exodusnst.com.my ↗
- Nov 11, 7:27 AM UTC+6 h· you’re reading thisLending to property investors falls at record pace, as Australians fall behind on home loanstheguardian.com ↗
- Verified: a second independent outlet reported itNov 11, 7:27 AM UTC · +6 h
[Claude] Both reports cover the same record fall in Australian investor lending in the September quarter, with compatible framing of higher taxes and borrowing costs, though Report 2 covers the broader home-lo
1h agoOnly 1 source — pending corroboration
1h agoSingle timestamp
1h agoAverage source trust: 50%; Source tiers represented: national
1h agoNo authoritative sources yet — awaiting wire/institutional coverage
1h agoLending to property investors falls at record pace, as Australians fall behind on home loans Share of CBA customers struggling to repay their mortgages has climbed to 12-year high New lending to property investors fell at its fastest pace on record through the three months to September, as landlords adjust to higher taxes against a backdrop of plunging property prices and rising interest rates. The latest figures come as the country’s biggest lender, the Commonwealth Bank, reported that the share of its customers struggling to repay their mortgages had climbed to a 12-year high.
Score bands
What moves the score
Not in the score: AI checks and reader flags. Verified is separate: two or more independent outlets and a score of at least 65%.
Moderate · How we score this