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Showing 51 - 60 of 102 results for "Household Debt"

Profit margin squeeze

BENJAMIN ONG  |  THURSDAY, 5 OCT 2017
... consumer confidence." Yes, Virginia, we're back to the problem that is Australian consumers. Apart from record high household debt to disposable income ratio, AiG points out "household electricity costs, flat income growth, and relatively poor consumer ...

Interest rates on ice

BENJAMIN ONG  |  WEDNESDAY, 4 OCT 2017
... growth in real wages. Yes Virgina, we're working just to standstill. Yet, we're borrowing up to our eyeballs. Our household debt as a percentage of disposable income has risen to a record high 193.7% as at June this year. Some are dipping into their ...

Peak iron ore?

BENJAMIN ONG  |  WEDNESDAY, 20 SEP 2017
... area". The statement also revealed the RBAs concerns over the Australian dollar's appreciation and high levels of household debt and subdued wage growth. On balance, the positives balance the negatives. Hence, the no change decision. All good... except ...

Major advice firm endorses first home super saver scheme

DARREN SNYDER  |  WEDNESDAY, 9 AUG 2017
... is only a marginal tax benefit - was likely to drive up housing demand, leaving first home buyers with increased household debt or locked out of the market. "Policy makers can target supply and demand in our major cities by reigning in investor tax concessions ...

Australian dollar poses problem for RBA

BENJAMIN ONG  |  MONDAY, 7 AUG 2017
... down the Australian dollar without re-energising the property market and lifting Australian household's ballooning household debt.

Low-flation to lower-flation?

BENJAMIN ONG  |  THURSDAY, 27 JUL 2017
... Reducing interest rates would increase financial stability risks in the economy by inflating already high domestic household debt and still rising property prices - Core Logic data shows Australia's five capital city aggregate index is up 10.5% in the ...

Inflation matters

BENJAMIN ONG  |  WEDNESDAY, 26 JUL 2017
... big-ticket items (such as cars, holidays and large appliances), appears to have been magnified by upward pressures on household debt, as well as stretched cash available to spend. The latest survey pointed to a renewed rise in household debt, alongside ...

Business conditions return to pre-GFC levels

BENJAMIN ONG  |  WEDNESDAY, 12 JUL 2017
... spending is hardly surprising given stagnant wages growth, high household indebtedness - according to RBA estimates, household debt-to-income ratio has risen to an all-time high of 189% -- and weak consumer confidence, underscored by the just-released ...

Data dictates immediate BOE action

BENJAMIN ONG  |  WEDNESDAY, 5 JUL 2017
... slowdown as temporary: "Consumption growth remains subdued, reflecting slow growth in real wages and high levels of household debt." So much so that it removed it's phrase "economic growth is still expected to increase gradually over the next couple ...

A one-handed clap for ScoMo's Budget

BENJAMIN ONG  |  TUESDAY, 23 MAY 2017
... headline CPI inflation of 2.1% gives you a negative 0.2% real wage growth. This negative real wage, along with high household debt (tied mainly to mortgages), indicate that Australian consumers won't be in a hurry to bump up discretionary spending anytime ...