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

Search Results

Showing 71 - 80 of 105 results for "Household Debt"

Higher recession risk creates opportunity in large miners: Lazard

MARK SMITH  |  TUESDAY, 3 MAY 2016
... high on a lot of measures," Lazard Asset Management portfolio manager Philipp Hofflin said. "At the same time, household debt is also very high by international standards." "You have to consider how things can go wrong." Hofflin continued. "Young people ...

Government debt is not bad: Sicilia

DARREN SNYDER  |  THURSDAY, 17 SEP 2015
... borrowing for economic growth are farther than ideology rather than rational and proven economics. "Any analogy between household debt and government debt is at best weak. After all, the government is able to raise revenue to meet its debt obligations ...

Australia's "irrational exuberance" an economic risk: PIMCO

LAURA MILLAN  |  WEDNESDAY, 17 JUN 2015
... weight on unemployment or returns, which means that an external shock would be severe for the economy, PIMCO said. Household debt appears to be rising, even as GDP growth and income slow, the latest analysis paper 'A look at rising household debt in ...

Aussie banks overpriced, undercapitalised: Perpetual

LAURA MILLAN  |  THURSDAY, 14 MAY 2015
... territory." He said that credit growth, a major driver of revenue for any bank, has been fuelled by increasing levels of household debt over the past 20 years. "Mortgages now represent 61% of outstanding credit in Australia versus 24% in the late 1980s," ...

What might trigger a sell-off?

BENJAMIN ONG  |  TUESDAY, 21 APR 2015
... weakened but still high Australian dollar; expensive property prices (but mainly in Sydney); low wages and high household debt; low business confidence and investment, etcetera. "To this point", the RBA has lowered interest rates to "extraordinarily ...

ISN criticises "irresponsible" CPA super report

JAMES FERNYHOUGH  |  MONDAY, 26 AUG 2013
... central finding of the report was that the gradual rise in superannuation savings correlated to an increase in household debt. This, it argues, shows that members are viewing their superannuation as a nest egg to pay off excessive debt In the executive ...

Too much super diverted to pay personal debt: CPA report

ALEX DUNNIN  |  MONDAY, 26 AUG 2013
... level of aggregate personal debt just as rapidly and to the same level. "Accumulated superannuation savings minus household debt equals zero," wrote Kelly in the report's executive summary. In the report Kelly acknowledged that compulsory SG accounts ...

Economic indicators defy equities upside: Schroders

MARK SMITH  |  WEDNESDAY, 17 OCT 2012
... with GDP growth." The S&P 500 is up 15.69% since the start of 2012 while the German Dax index is up more than 25%. Household debt was blamed, in part, for the on-set of the GFC in 2007. Now that indebtedness has been passed onto some of the largest economies ...

Recovery is too fast, too furious: IML

COMPANY RELEASE  |  MONDAY, 31 AUG 2009
... for the remainder of 2009." The fund manager remains cautious on the shape of recovery because US and Australian household debt levels remain high, there could be a strong headwind for equities as people increase their savings. IML is still cautious ...

AUSCOAL overhauls insurance

RUTH LIEW  |  FRIDAY, 27 FEB 2009
... improved safety records in the coal mining industry, growth in the average coal miner's wage and growth in overall household debt and improved life expectancies - rendering the old scale irrelevant. "Members can now obtain higher cover, without underwriting ...