Monday, May 30, 2016

Prolonged Low Petrol Prices Benefitting Australian Mortgage Performance

(The following statement was released by the rating agency)

Link to Fitch Ratings' Report: Asia-Pacific Structured Finance

Chart of the

Month - May 2016

https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=882368

SYDNEY, May 30 (Fitch) The reduction in retail petrol prices

during the two

years to May 2016 has provided Australian households with an

opportunity to

reduce their living expenses, boost savings and cope better with

mortgage

obligations.

Australian households s

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