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MONEY MAGAZINE
Article by Michael Blyth
ARCA: Head of regulatory & industry affairs
13 November 2020

Six months after the introduction of deferrals, many Australians who requested one are now starting to resume their repayments for their deferred loans.

According to data released by Australia's banking regulator, the Australian Prudential Regulatory Authority (APRA), at the height of the pandemic nearly 500,000 home loans had received payment deferrals, but by the end of September the number of home loans deferred had fallen to less than 325,000.

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