household debt

The RBA is alert to the possibility that eventual rate cuts might spur risky borrowing by already-heavily-indebted households.

Probably not – but high and rising debt will boost CPI and interest rates, and stifle GDP growth and investors’ returns.

The exponential rise of debt is stifling its economic growth. It thus takes ever more dollars of debt to generate an extra $1 of GDP.

If Australia has an Achilles’ heel it’s the high level of household debt that has accompanied surging home prices over the last 30 years. Of course, in the absence...

Australian government bond yields have collapsed in 2020, fuelled by the Reserve Bank of Australia’s unprecedented intervention in the market via yield curve control...

One of the big advantages of being a debt investor is that you can make long term investment decisions with far fewer short term consequences than an equity investor....

Australians have been making compulsory superannuation contributions since 1992. Today, there is around $2.75 trillion dollars in retirement savings in superannuation...

Over recent weeks, we have highlighted that there are two main international macro events that will need to be closely monitored over the coming months. Each could...

The level of household financial stress in Australia is a key issue. This is because a significant pull-back in the financial position of households would have flow-on...

The declaration two weeks ago by the Australian Prudential Regulation Authority (“APRA”) that it was taking further steps to slow the growth of bank provided “interest...