Author
Nila Sweeney is a broadcast journalist, print and digital writer and editor with 10+ years’ experience creating hard-hitting content across multi-media platforms.
Previously the Managing Editor of Your Investment Property Magazine, Nila is now a property reporter at the Australian Financial Review.
Rising home prices and heavy gearing have made it increasingly difficult for Australians to meet their debts, but the number reporting debt stress is improving.
The improving economic outlook and strong property market fundamentals mean that many people are looking at making their first foray into the investment property market, while experienced investors may also be looking to expand their portfolio.
Home loan borrowers could face a $90 hike to their monthly mortgage payment, according to a news.com.au report.