Debt collector Credit Corp says Australians on the hook for unpaid bills are sticking with repayment plans despite accelerating cost of living pressures.
The confidence about their employment prospects is probably the reason behind people maintaining such repayment levels, Credit Corp chief executive Thomas Beregi said on Wednesday.
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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au