Policymakers need to keep an eye on rising household debt levels,propelled by the latest property boom,which could end up hurting much-needed consumer spending.
Special analysis of household finances has revealed Australia’s poorest households suffered a fall in financial stress during the COVID-19 recession.
Fresh regulatory ideas are needed to curb high-interest credit cards that tend to hurt the people who can least afford it.
Electricity prices sparked the biggest shocks,with costs from energy providers coming in significantly higher as more people worked from home during the coronavirus pandemic.
Research from the IMF suggests regulators such as APRA and the RBA need to use lending standards to stop property buyers and business running up huge debts.
Debt collectors are chasing millions of dollars owed by more than 7000 returning Australians for their stay in mandatory hotel quarantine in Sydney.
New research compares the upper,middle and lower rungs of wealth and income.
Energy bills are up between 10 per cent and 30 per cent this year and they are not going to pay themselves.
Consumers and businesses are at their most confident this year. But a special survey of consumer trends suggest people want to save,not spend.
As the number of Australians in financial distress escalates as a result of the pandemic,consumer advocates are sounding the alarm on unlicensed “debt vultures”.
How much tax will you pay under the government's tax changes? Should they be brought forward? And if they are brought forward,who will benefit the most?