Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 51 - 60 of 105 results for "Household Debt"

Changed RBA rate expectations?

BENJAMIN ONG  |  MONDAY, 6 NOV 2017
... household finances leaves consumers no other choice but to cut back on spending. Foremost of these is the ballooning household debt - it stood at a record 193.7% of disposable household income as at the June quarter of this year. With wages growth stuck ...

Confidence up but will consumers shop?

BENJAMIN ONG  |  THURSDAY, 12 OCT 2017
... growth to a 0.2% decline. This is because despite the cheerier mood, Australians remain saddled with record high household debt, sluggish wages growth (zero real wages growth), rising utility costs, decreasing disposable income and dwindling savings. ...

Time to start factoring in an RBA rate cut?

BENJAMIN ONG  |  FRIDAY, 6 OCT 2017
... most, down 4% in August despite the relatively stronger Australian dollar during the period. Faced with record high household debt, sluggish wages growth (zero real wages growth), rising utility costs, decreasing disposable income and dwindling savings ...

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 ...