The Reserve Bank of Australia (RBA) has released its debt ratios for the June quarter, which revealed that Australian households’ debt loads have hit another all-time high.
The ratio of household debt to disposable income hit 190.5% in June:
Aussie household debt soars to new highs (but it’s all good)
Leith van Onselen
Monday 1 October 2018
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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.
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