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ABS: 29% of Aussie households ‘over-indebted’

September 13, 2017 - 11:49 -- Admin

By Leith van Onselen From today’s ABS Household Income and Wealth survey for 2015-16: Average household debt has almost doubled since 2003-04 according to the latest figures from the Survey of Income and Housing, released by the Australian Bureau of Statistics (ABS). ABS Chief Economist Bruce Hockman said average household debt had risen to $169,000

The post ABS: 29% of Aussie households ‘over-indebted’ appeared first on MacroBusiness.

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