Under the new terms, graduates reduce the monthly loan repayment burden. (lendedu.com)
The interest repayment burden on the household sector is now higher than the previous peak in 1996, of 7 per cent of disposable income, reflecting the rapid rise in household indebtedness. (rba.gov.au)
The interest repayment burden is likely to have increased further in the June quarter as household credit continued to increase at a faster pace than disposable income, and mortgage rates rose. (rba.gov.au)