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Wednesday, 3 May 1989
Page: 1734

(Question No. 880)


Senator Archer asked the Minister representing the Treasurer, upon notice, on 9 March 1989:

How many arrears were notified to the Housing Loans Corporation by the lending authorities for each month of the 1986-87 and 1987-88 financial years?


Senator Walsh —The Treasurer has provided the following answer to the honourable senator's question:

The Housing Loans Insurance Corporation requires lenders to report insured home ownership loans that are 4 months or more in arrears. The number of such loans in arrears outstanding at the end of each month in 1986-87 and 1987-88 is as follows:-

1986-87

1987-88

July...

1737

2134

August...

1905

2164

September...

1832

2131

October...

2021

2053

November...

1910

2090

December...

1987

2078

January...

1948

2162

February...

2098

2188

March...

2055

2190

April...

2085

2198

May...

2153

2070

June...

2194

1977