Not sure about that Granthamana.Stats from the RBA show we are...

  1. YChromozome
    487 Posts.
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    06/10/12
    22:46
    Post #: 10823818

    Not sure about that Granthamana.

    Stats from the RBA show we are spending more on interest payments as a percentage of household disposable income today than in 1989 when rates were 17%

    The cause - our huge household debt levels. We have quadruped debt as a percentage of household disposable income over the past 20 or so years.

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