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Showing 41 - 50 of 105 results for "Household Debt"

Chief economist update: RBA to lift rates after 2018

BENJAMIN ONG  |  THURSDAY, 8 FEB 2018
... consumer prices up. Not only this, whatever household income is left would likely be spent on reducing record high household debt levels and on cheaper imports, thanks to the Australian dollar's higher exchange rate. This is underscored by the deterioration ...

Money managers eye household debt

JAMIE WILLIAMSON  |  MONDAY, 22 JAN 2018
... likelihood we would see a crash as devastating as that which led to the GFC is slim as about two-thirds of Australia's household debt is owned by the top 40% of the income distribution; that is, those most capable of continuing to service it as interest ...

Chief economist update: Consumers don't spend on confidence alone

BENJAMIN ONG  |  THURSDAY, 18 JAN 2018
... 2013 and 1.6% in the first three quarters of last year. This, in turn, is sending household's debt levels higher. Household debt to disposable income has grown from 163.2% in 2010 to 165.6% in 2013 to a record 199.7% in the September quarter of last ...

Chief economist update: iPhone and Black Friday sales ring up retail registers

BENJAMIN ONG  |  FRIDAY, 12 JAN 2018
... But even if real disposable income were to become slightly positive, much of it would be spent on repaying rising household debt levels which, according to latest data, have grown to a fresh record high of 199.7% of disposable income in the third quarter ...

Happier New Year

BENJAMIN ONG  |  MONDAY, 8 JAN 2018
... Trump's unpredictable leadership; Kim Jung-on; China's ballooning debt, Australia's property market and record household debt - but this early in 2018, the New Year's looking happier.

Jobs, jobs, jobs

BENJAMIN ONG  |  FRIDAY, 15 DEC 2017
... by current labour market and consumer sentiment levels. Household consumption is being deterred by record high household debt and stagnant wages growth. The strengthening labour market should see wages bid up more so given the RBA's observation (noted ...

A case for faster wages growth (or not)

BENJAMIN ONG  |  WEDNESDAY, 6 DEC 2017
... growth, hopeful over a lift in wages and wages and, uncertain over the outlook for household consumption and high household debt levels. This uncertainty could soon clear if the RBA's added sentence in its December statement - "There are reports that ...

The Fed's aware of building imbalances

BENJAMIN ONG  |  TUESDAY, 28 NOV 2017
... low. We have now gone 12 months without a 3% correction in the US market. This is extraordinarily unusual. While household debt to GDP has improved over the past eight years, corporate debt is now at record highs. I am not overly concerned about current ...

Where in the cycle is Australia?

BENJAMIN ONG  |  FRIDAY, 17 NOV 2017
... stuck in the parking lot. "Warning roadblocks ahead," the GPS would warn. Sluggish wage growth and record high household debt do not provide good indications for that which accounts for around a third of the Australian economy - household spending. Indeed ...

'tis the season to not be jolly

BENJAMIN ONG  |  THURSDAY, 16 NOV 2017
... remaining in worker's pockets - and we know this paltry change would only go towards servicing their ballooning household debt and not spent. The details of the WPI report show that you, I and Irene should be working for the government instead where ...