some guy who has gone onto a pension because of a work injury with a $209,000 mortgage is used as the Australian example of the Australian subprime.....
C'mon 60 minutes - Peter Overton, hang your head in shame for sensationalism and poor choice of an interviewee to push home the point of poor credit risk.
Probably 90% of the population might suffer some mortgage stress if they had no insurance and were forced onto a pension or Workcover benefits.
