Oz Blog News Commentary

Aussie households are bulging with savings

December 2, 2021 - 00:05 -- Admin

Yesterday’s national accounts for the September quarter showed that Australian households are bulging with savings. The hard lockdowns experienced across NSW, Victoria and the ACT over Q3 prevented households from spending at the same time as billions of dollars of additional income support was provided to households (chart from Deloitte): The inevitable result was that

The post Aussie households are bulging with savings appeared first on MacroBusiness.

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