The head of Australia’s biggest mortgage broking group, Lendi, has issued a warning to those who bought a property with a small deposit during a housing downturn.

‘Trapped’: Grim warning for first homebuyers in Australia

Australia’s largest mortgage broking group is warning recent first homebuyers are most at risk of being trapped owing their bank more than their home is worth as property prices plunge.

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Renewal Edition

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By The Nightly

Renewal Edition

Edition Edition 17 September 202617 September 2026

The Wiggle who became a CEO, the chef who came back from the brink and the pop star who conquered the MCG. This is the Renewal edition.

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