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Cost-of-living crisis: High interest rates push Ipswich to 71% mortgage stress

A new survey reveals that Ipswich is facing an extreme mortgage stress rate of 70.9%, nearly double the Queensland state-wide rate, forcing working families to cut back on necessities.

Senator Paul Scarr joined Jason Matthews on 4BC Mornings to discuss the devastating impact of 12 interest rate increases on first-home buyers in the region.

Hear more highlights from 4BC Mornings below and download the 4BC App on iOS or Android to ensure you don’t miss a thing!

Image: iStock

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Jason Matthews
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