Search Results | Showing 1 - 10 of 102 results for "Household Debt" |
| | ... opt to sell and downsize to reduce their debt. According to the Australian Bureau of Statistics, the amount of household debt now sits at an average of $242,000 for Aussies over 55. According to the study, three in five respondents believe that staying ... |
| | | ... policies are adequate, but recommended monitoring potential risks that could stem from, higher interest rates, high household debt, and falling house prices. |
| | | ... cash rate further, against the medium-term risks associated with an increase in what were already high levels of household debt." These decisions by the board were intended to limit the build-up of financial imbalances that can cause instability in the ... |
| | | ... the RBA delivers will be the most significant driver for bond market returns over the year ahead, he added. "With household debt levels at record highs and consumer confidence already weak, a cash rate as implied by current markets would likely push ... |
| | | ... economy and 85% think short term interest rate policies are insufficient to support macroeconomic stability. Overall household debt has risen substantially relative to GDP from 70% in 1990 to almost 185% by 2020. Some three quarters of this debt is in ... |
| | | ... money and net debt was close to zero. He pointed out that the current debt level excludes state, corporate and household debt. Treasurer Josh Frydenberg revealed in the October 2020 Budget a record deficit of more than $213.7 billion. While Australia's ... |
| | | ... the net replacement rate for average income earners, and raising the household saving and reducing the level of household debt, are other areas of improvement. The onset of the global pandemic has several immediate effects, leading to significant devaluation ... |
| | | ... economies more broadly, according to the Reserve Bank of Australia. In a new paper titled How Risky is Australian Household Debt? the RBA said the current level of household debt relative to income in Australia is high compared to many other countries. ... |
| | | ... and labour market has not 'snapped back' strongly enough by then." And in a country with highly leveraged household debt - these payments ending could see property prices plunge in a downward spiral. "Our current expectation is that house prices ... |
| | | ... super funds. Davis argued this would be the best option for Australians, who already face record high levels of household debt. "There are other ways for Australians to get cash by drawing on other assets, particularly equity in their homes," he said. ... |
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