Australia hits peak everything on housing

Friday, 1 April 2016

The Reserve Bank of Australia (RBA) yesterday released its household debt ratios for the December quarter of 2016, which shows that Australian households are more indebted than ever.

Australian household debt to disposable income hit a record 186.3% in the December quarter:

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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.