General
A Look at Over-Indebted Households
The Household Income and Wealth Survey has determined those households that are over-indebted and those that are not. The results are not necessarily what you’d expect with higher income households more likely to be over-indebted than lower income ones.
Last week the Australian Bureau of Statistics (ABS) published the 2015-16 results of their household income and wealth survey. In the survey results they included a section on household debt and over-indebtedness. The ABS consider a…
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