Wealth reaches record levels but households can’t meet daily bills

Wealth reaches record levels but households can’t meet daily bills

The turnaround in the property market has boosted Australians’ wealth levels. But the cost of living means they are spending more than they earn.

  • byShane Wright

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Regulators eye household debt risks as late payments edge up

Regulators eye household debt risks as late payments edge up

Australia’s high level of household borrowing could pose risks to the economy as late payments tick up according to the country’s financial regulators.

  • byMillie Muroi
More Australians set to retire in debt:AMP

More Australians set to retire in debt:AMP

Fewer Australians will be able to look forward to a debt-free retirement,despite increasing property values and super balances.

  • byMillie Muroi
Why it soon might be even harder to get a loan

Why it soon might be even harder to get a loan

Australia’s biggest credit companies intend to tighten their approval criteria following an increase in the number of borrowers doing it tough.

  • byNicole Pedersen-McKinnon
I may be middle-class,but I’m starting to feel the pinch

I may be middle-class,but I’m starting to feel the pinch

As costs have risen,I can no longer afford the oysters and designer linens. It feels like I’m in the midst of genteel poverty.

  • byKate Halfpenny
The mortgage cliff that never happened
Opinion
Big four

The mortgage cliff that never happened

Most Australian borrowers are managing financial stress,but rather than a disaster averted it’s evidence that the sky was never falling.

  • byElizabeth Knight
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More economic pain is coming,with women set to bear the brunt of it

More economic pain is coming,with women set to bear the brunt of it

It’s hard to see why a government that tries not to walk past social problems without trying to fix them feels so bound to hold the line on Stage 3 tax cuts.

  • byEmily Millane
Don’t drown in debt,eat that elephant slowly (and other tricks)
Opinion
Hip pocket

Don’t drown in debt,eat that elephant slowly (and other tricks)

Managing debt is like eating an elephant:you should do it one bite at a time. Our finance gurus share their debt-busting tips.

  • byDominic Powell
How Jacinta Allan plans to tackle the problem that’s hurting Victorians most

How Jacinta Allan plans to tackle the problem that’s hurting Victorians most

Cost of living is expected to be a key focus for the new premier,who is pitching herself as a leader who will deliver for households feeling financial pain.

  • byKieran Rooney
Are the hard times hurting your credit score? How to check

Are the hard times hurting your credit score? How to check

You are not alone – there is high demand from Australians checking their credit scores.

  • byNicole Pedersen-McKinnon
Global debt reaches $367 trillion as calls grow for restraint

Global debt reaches $367 trillion as calls grow for restraint

The world’s governments,businesses and households owe a record $367 trillion,with calls growing for governments to help cut debt levels.

  • byShane Wright