- The number of mortgage deferrals had shrunk from a peak of 488,249 mortgages in May to 118,919 mortgages in November.
- As a percentage the share of total mortgages deferred plunged from a peak of 11% in May to just 2.8% in November.
- Not surprisingly, Victoria had the highest share of mortgages deferred in November, (the period being reported) but things have improved considerably since then.
- Victoria remains the state with the highest proportion of loans subject to deferral amongst the states and territories, with 3.2 per cent of loans deferred compared with the rest of the country at 1.7 per cent.
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