Consumer Debt Still Seems Manageable… For Now: Market Analysis and Outlook
Key Takeaways Economists question consumer debt manageability Households owe AU$2.6 trillion Debt-to-income ratio reaches 186.9% RBA monitors financial system stability In Australia, a country where household debt has reached unprecedented levels, one question lingers on the minds of economists and policymakers: just how manageable is consumer debt, really? As of last year, Australian households owe […]
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