More Australians are carrying house payments into their senior years and it is damaging their mental wellbeing
A new report used data from the Federal Court to show which creditors are actively seeking to make Australians bankrupt.
Off the credit card or a new TV? Four Australians from different generations talk about how they're going to spend their tax rebate... when they get it.
Housing costs are biting harder in Victoria than elsewhere in Australia,with homeowners spending more of their income on mortgage costs than any other state.
A long-term commitment to paying off her credit card in full has saved Andrea a mountain on interest
There are doubts over the economic boost from the government's tax cuts as research shows household debt at record levels.
Consumer advocates are alarmed by the tactics being used to pressure people into paying up.
RBA officials have found a 10 per cent increase in debt could reduce household spending by 0.3 per cent.
The key to avoiding a debt trap is to understand any loans or liabilities for which you sign up,including the interest rate,repayments and any specific terms and conditions.
Testimony to the banking royal commission showed the need for secure funding for financial counsellors. But where will the money come from?
The debt culture of the 1980s has never really gone away but maybe it should.