The Korea Herald

Data shows fewer Australians aged 55-64 have paid off their mortgages

By ABC NEWS (Australia)

Published : Oct. 23, 2024 - 04:08

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More Australians are working longer so that they can pay off their homes. As house prices keep rising many people aren't buying a home until they're older meaning when they reach their 60s, they're still in a lot of debt and the latest data shows a growing number of people are delaying their retirement.