Income to Debt Ratio - Australia vs Others

Australian households have reached extremely high levels of debt to income; higher than any comparable economy in the world. This is a cause for concern on a number of levels but mostly because interest rates are at historic lows, which means there is probably only one way to go and it is not going to end pretty.

Getting little scary ... 

Source:
http://www.primecapital.com/australias-in-front-household-debt-to-income/

Jazz Sidana

FinanceBoutique

www.financeboutique.com.au