We spoke to resident finance journalist Denise Raward on non-recourse lending and if it applies to Australia. In some US states you can just hand back the house keys to your lender and walk away scot-free but in Australia it's a lot harder to do that.

Denise's article: 
https://www.yourmortgage.com.au/compare-home-loans/surrender-home-australia

00:00-00:54 - Intro
00:54-02:05 - Savings tip, 50c fares
02:05-04:07 - Possible to hand back the home?
04:07-05:53 - The default process
05:53-08:39 - Factors driving home repo
08:39-11:40 - Hardship facts and figures
11:40-13:25 - Why are defaults, delinquencies & repossessions low in Oz?
13:25-14:43 - Outro