IMF warns on Aussie household debt. Backs negative gearing reform

Wednesday 5 October 2016

With Australia’s household debt recently hitting the highest level in the world:

The International Monetary Fund (IMF) has released its latest Fiscal Monitor, which has taken a veiled swipe at Australia’s exploding debt levels, warning that consumption and investment may be negatively affected if borrowers decide to reduce their indebtedness:

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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.