31.8% of Australian mortgage holders face stress, data shows
Roy Morgan data shows 31.8 per cent of Australian mortgage holders face stress.
Nearly two million Australian families are now facing mortgage stress, according to Roy Morgan data covering the three months to September 2026. The figure is 31.8 per cent of all mortgage holders and is expected to worsen as inflation continues.
Separately, Arca, the peak credit industry body, found that 43 per cent of Australians experienced financial stress in the past year, yet only just 9 per cent asked their lender for help. A single interest rate rise costs households with a $500,000 mortgage an extra $658 annually.
Financial hardship assistance is available from lenders and does not damage credit scores. Borrowers can apply for a hardship notice if they are willing but unable to meet repayments due to unexpected changes.
In 2024-26, more than 280,000 hardship notices were issued across Australia based on overcommitment, reduced income, medical reasons, unemployment or separation.
- 31.8 per cent
- Mortgage holders under stress
- Nearly two million
- Families affected
- $658 per $500,000 mortgage
- Annual cost of one rate rise
- More than 280,000
- Hardship notices issued 2024-26
Why it mattersOne in three mortgage holders is now under strain; most don't know they can ask their bank for help without penalty. Early contact with lenders can prevent serious financial damage.
AustraliaAustralians carrying mortgages, particularly those who bought recently, face genuine pressure from multiple interest rate rises in one year. Free hardship programs exist but remain unknown to most who need them.
✓ Claims checked against the source. checked 6 h ago
