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              The share of Australian home owners missing payments on their mortgages dropped “significantly” in the third quarter as borrowers benefited from interest-rate cuts and unemployment remained low. Photographer: Brendon Thorne/Bloomberg

The share of Australian home owners missing payments on their mortgages dropped “significantly” in the third quarter as borrowers benefited from interest-rate cuts and unemployment remained low. Photographer: Brendon Thorne/Bloomberg

December 30, 2012
Article
RBA Rejuvenates Mortgage Bonds With Rate Cuts: Australia Credit
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