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Coping with job loss and mortgage demands

Millions of Australian households have been negatively impacted by the economic shutdown from COVID-19. This situation becomes even more difficult if you’re an investor who relies on rental income to help service the debt on an investment property.

Coping with job loss and mortgage demands

There’s no doubt the unprecedented economic shutdown on the back of COVID-19 has put many industries in peril and jeopardised thousands of jobs.

This situation is difficult enough, but if you’re an investor who relies on rental income to help service the debt on an investment property, this can be an even trickier situation.

Fortunately, both the banks and the Government have been proactive in trying to help those most affected by the crisis, r…