15 February 2021

GCI Investment Update January 2021

In December 2020, S&P released a research report “An Overview of Australia’s Housing Market and Residential Mortgage-Backed Securities”. S&P concluded that the RMBS sector has been a strong performer globally, evidenced by low arrears and losses. Higher unemployment in the wake of COVID-19 is yet to have any meaningful effect on arrears as both lower interest rates and boosts to household income have helped to keep arrears low. While arrears are likely to rise in the months ahead, it would be off a low level.

GCI Investment Update Jan 2021
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