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Since 8 July 2021, more than 14,500 home loans have been deferred, while more than 600 business loans have been deferred.
The number of deferred loans has fallen below 300,000 – a reduction of almost 70% since the peak earlier this year.
Banks have deferred the repayments of one in fourteen mortgages totalling more than $150 billion to assist Australians through the COVID-19 pandemic.
What’s happened in the Australian banking sector during the coronavirus pandemic.