Sustainable Household Sector Debt Levels
RBA Deputy Governor Ric Battellino’s observations on recent financial trends:
I don’t think anybody knows what the sustainable level of gearing is for the household sector in aggregate, but given that there are still large sections of the household sector with no debt, it is likely to be higher than current levels.
posted on 25 September 2007 by skirchner in Economics, Financial Markets
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