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COULD HOUSEHOLD DEBT LEVELS BE A TRIGGER FOR ANOTHER ROUND OF CREDIT TIGHTENING?

Posted by admin on November 18, 2020
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Australian household debt levels have increased substantially over the past thirty years, with the ratio of household debt to annual disposable income rising from 68% in June 1990 to a recent peak of 188.5% in June 2019. Since June last year, the ratio has reduced slightly to 185.0%.

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