Australian EconomyAustralian Property

The rise and rise AND RISE of Australian household debt

Leith van Onselen
Monday 1 April 2019
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By Leith van Onselen

The Reserve Bank of Australia (RBA) has released its debt ratios for the December quarter, which revealed that Australian households’ debt loads have hit another all-time high.

The ratio of household debt to disposable income hit a record high 189.6% in December, with mortgage debt to income a record high 140.2%:

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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.