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Showing 81 - 90 of 105 results for "Household Debt"

Debt climbs, home values fall

SUZY MAC  |  MONDAY, 27 AUG 2007
... is rattling cages in the financial markets, its so far modest effect on consumer spending is set to intensify as household debt exceeds home equity. Rising house prices have sent consumer debt soaring. However, a report by the Federal Reserve Board's ...

Daily economic round-up

PETER BELL  |  THURSDAY, 25 JAN 2007
... 7000 hospitality places. The report notes that when the official cash rate last hit 5.75 per cent in February 2001 household debt had reached $409 billion whereas by August of last year with the same interest rates, household debt had reached about $900 ...

Daily economic round-up

PETER BELL  |  WEDNESDAY, 23 AUG 2006
... Reserve Bank's assistant governor of financial markets, Ric Battellino, commented yesterday that the increase in household debt of the last few years has been more than compensated for by the increase in the value of assets held by households. Battellino ...

Daily economic update

... and jobless claimants count. The weakening UK labour market, in turn, has dampened consumer spending and raised household debt levels. Financial markets were not surprised by the decision and do not expect a rise any time soon, especially with inflation ...

Economic slow down on the agenda: Access Economics

... Chris Richardson highlighted a range of economic factors likely to contribute to a slow down, including rising household debt, inflation expectations, house price slowdowns, and commodity markets bubbles. According to Richardson, these effects are already ...

Higher interest rates ahead

... Governor Macfarlane in the February parliamentary testimony to use monetary policy 'very carefully' given the scale of household debt suggests the RBA will be very conservative in raising interest rates during 2005," AMP Capital Investors senior Australian ...

Debt collection protection

With the levels of personal and household debt on the rise, ASIC and the Australian Competition and Consumer Commission (ACCC) have jointly released a manual defining their respective roles in the regulation of debt collection. While both bodies recognise ...

Australian and New Zealand Banking Sector Stable: S&P Report

... said Standard Poor's credit analyst Mr Gavin Gunning. In particular, the report highlighted the strong increase in household debt and the implications for bank credit. "The escalation in indebtedness in Australia associated with personal sector borrowing ...

RBA likely to lift rates once more this year: Economists

... economy and the solid growth in Australia. "The Reserve Bank did say that the risks to the domestic economy... from household debt had diminished, (but) it did warn that it was still to early to predict how the adjustment in housing would unfold," he ...

Greeenspan says US businesses, consumers able to handle rate rise

... stepping up a campaign to prepare markets for the switch. The sizzling housing market was unlikely to crash, much household debt was secured on fixed interest rates, and businesses had strengthened their balance sheets, Greenspan said. AFP