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Showing 61 - 70 of 105 results for "Household Debt"

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 ...

Budget Eve

BENJAMIN ONG  |  MONDAY, 8 MAY 2017
... the slack in the domestic labour market (and its implication for wages and inflation), household consumption and household debt levels, and property prices.

Treasurer opens the way for increased infrastructure spending

EMMA RAPAPORT  |  FRIDAY, 28 APR 2017
... attention to superannuation and housing affordability, Morrison made mention of the 80% of Australia's $2.1 trillion household debt held in mortgages, and noted the Australian households are now the fourth most indebted in the OCED as a share of income. ...

RBA dilemma

BENJAMIN ONG  |  TUESDAY, 4 APR 2017
... The problem is everyone agrees that Australia's property market is extremely overvalued and, along with record household debt - household debt to income ratio is currently at 187%, according to RBA data - threatens domestic financial stability and by ...

Record adviser numbers attend Sydney ABDO

JAMIE WILLIAMSON  |  THURSDAY, 23 MAR 2017
... national capital cities tour that during March took the seminar to thousands of financial advisers across Australia. "Household debt is my big concern for Australia, it's just too high - you can't bake it any other way. Eighty per cent of household debt ...

Spending and debt, Australia's biggest test

JAMIE WILLIAMSON  |  TUESDAY, 10 JAN 2017
... economy. A further 44% blamed housing affordability as the cause of their unease, while 42% cited their level of household debt. The study was undertaken in December and surveyed 1000 Australians, finding that saving is the top priority (34%) this year ...

Budgets with more super tinkering are possible

DARREN SNYDER  |  MONDAY, 26 SEP 2016
... VCs have got very little out of it, Evans said. Providing a wider economic update, Evans said Australia's bloated household debt is an embarrassment that has built up over a long period of time and reflected by a high foreign debt. Evans is optimistic ...

NAB dispels housing bubble "toil and trouble"

ALEX BURKE  |  WEDNESDAY, 31 AUG 2016
... accumulation from poor lending practices," he said. Having said this, he did note that Australia has some of the highest household debt in the world, and that this was theoretically "vulnerable to shock" - but that corporate and government debt were ...