Australia has the Fifth Highest Debt-to-Disposable Income Globally
Households in Australia have high debt levels compared to historical figures. According to the latest OECD data available, Australia’s debt-to-net-disposable-income ratio now stands at 206% and is the fifth-highest in the world as shown in the chart below: Click to enlarge Source: Is Australia’s luck running out? by Robin Parbrook, Schroder’s Extended high debt together with over …
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