Household Debt Levels Continued To Climb Throughout 2017

Earlier last week the Reserve Bank (RBA) published their latest household finance ratios which showed the ratio of household and housing debt to disposable income continued to climb over the December 2017 quarter, reaching a new record high.

Each quarter, the RBA publishes a spreadsheet of selected household finance ratios.  The data provides insight into the level of household indebtedness as well as the value of household assets.

The first chart shows the ratios of household and housing…