RBA polishes its epic household debt bubble

Monday 10 September 2018

RBA assistant governor, Michele Bullock, gave an interesting speech yesterday on Australia’s sky-high household debt, which is worth dissecting.

First, Bullock noted that Australia’s household debt is among the very highest in the world:

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

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.