Mothers at mercy of interest rates
“ALMOST half of Australian women aged 25-40 said they couldn’t afford their mortgage repayments if they took time off to have a baby.
An independent survey of 855 women found 49 per cent of those of typical child-bearing age would not be able to meet mortgage repayments if they were reduced to one salary.
“It’s become a case of baby or the house — and that’s a decision women shouldn’t have to make,” said consumer marketing expert Gillian Franklin, from the Heat Group.”