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Showing 11 - 20 of 105 results for "Household Debt"

Household debt a major risk: RBA

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
... economies more broadly, according to the Reserve Bank of Australia. In a new paper titled How Risky is Australian Household Debt? the RBA said the current level of household debt relative to income in Australia is high compared to many other countries. ...

Sentiment weakens as macro threats loom

ALLY SELBY  |  THURSDAY, 21 MAY 2020
... and labour market has not 'snapped back' strongly enough by then." And in a country with highly leveraged household debt - these payments ending could see property prices plunge in a downward spiral. "Our current expectation is that house prices ...

Calls for super release to borrow from RBA

ALLY SELBY  |  TUESDAY, 24 MAR 2020
... super funds. Davis argued this would be the best option for Australians, who already face record high levels of household debt. "There are other ways for Australians to get cash by drawing on other assets, particularly equity in their homes," he said. ...

Chief economist update: Working nine to five, barely getting by

BENJAMIN ONG  |  THURSDAY, 20 FEB 2020
... quarter from 0.7% in the previous one. This would impair Australian households' ability to pay down debt - household debt to disposable income stood at 186.5% in the September 2019 quarter (latest available) - and that long hoped for acceleration ...

VanEck launches new income product

ALLY SELBY  |  WEDNESDAY, 15 JAN 2020
... household-debt-to-income and house-prices-to-income ratios are very high. Other than Switzerland, Australia has the highest level of household debt as a percentage of gross domestic product in the developed world," it said. Neiron said economic growth ...

Chief economist update: Aussie Black Friday spend will end Saturday

BENJAMIN ONG  |  MONDAY, 13 JAN 2020
... able to coax highly indebted Australian consumers to go on a spending spree. As at the September 2019 quarter, household debt to disposable income was tracked at 187.0%. Especially not when wages growth remains stagnant - the annual pace of growth in ...

Chief economist update: Let's talk about debt

BENJAMIN ONG  |  TUESDAY, 26 NOV 2019
... borrow and spend - interest rates are at record lows after all - to boost economic activity and growth. But with household debt running at 191.1% of disposable income (June quarter 2019), further interest rate reductions would almost surely be used to ...

Australia climbs up Mercer global pension index

HARRISON WORLEY  |  MONDAY, 21 OCT 2019
... said. "The evidence suggests on a global basis, for every extra dollar a person has in pension assets, their net household debt rises by just under 50 cents."

Chief economist update: The budget surplus can wait

BENJAMIN ONG  |  FRIDAY, 30 AUG 2019
... led by China and melting emerging markets, Brexit, wobbly share markets and on the domestic front, record high household debt levels, stagnant wages growth, declining property prices and weak consumer spending. But seen in a different light, capex expectations ...

Advisers wary of unlisted assets: Sunsuper

ELIZABETH MCARTHUR  |  THURSDAY, 30 MAY 2019
... because where are businesses finding the people they need to grow?" He added: "We're also seeing that corporate and household debt levels in Australia and around the world don't have much room to grow. How much more debt can you ram down people's throats?" ...