Mortgage stress hits hard – Craigieburn bankruptcy numbers among highest in country

Posted by Sharyn Rognrust, Category: Australian Families, Housing, Outer Northern Growth Corridor,

PROPERTY powerhouse Craigieburn has the third highest rate of people declaring bankruptcy in Australia due to record mortgages and lacklustre wage growth, alarming data reveals.  The suburb has been hit by financial stress with 88 people recording personal insolvencies in 2017, a report by credit information bureau illion has found link