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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.”

The Herald Sun

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