More than 3 decades ago I had a deep conviction that there was something seriously amiss with the home loan. A home loan that hasn't changed in the last 70 years and one that probably dates back to the days of early settlement. It helps get the house and that's all (doesn't help keep it). Australia has a culture of home ownership like no other country on earth. There are millions of houses in
Australia perhaps 30/40 million with mortgages...