ANZ warns by NZ household debt. What about Australia’s?

Tuesday 15 March 2016

ANZ bank has voiced concern over the blow-out in New Zealand’s household debt, which has hit a record 167% of disposable income. From Interest.co.nz:

Economists at the country’s biggest bank ANZ are expressing concern at the blow-out of household debt levels, which has seen household debt-to-disposable income rising to a record high of over 167%

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.