The Australian Wages And Credit Pushmi-Pullyu

Описание: We look at the weird two-facing issues of credit growth, which is rising faster than inflation, and real disposable income which is still under pressure, and lower than some years ago. It is not expected to recover any time soon.

Latest data reinforces the pressure on wages, which means more households are leveraging up, despite aggregate data which according to the RBA is pointing somewhere different. So today we explore this conundrum.

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