A ticking time bomb, page-5

Interesting that we have been ahead of the global average since before 1990.

Would also have been very interesting if the analyst could have done a household disposable income comparison.

Another stat that would be interesting to compare would be assets against the debt. You could then take into account various black swan events to see if there is actually a cliff or an ant hill for households to fall off. Debt is fine if you have the assets to back it and room to move on LVR should a financial event happen.

Don't get me wrong it's not a good picture which ever way you look at it, but just a little more information might have given a clearer idea on the real picture.