Macfarlane - Do Australians borrow too much?

In a speech on 'Do Australian Households Borrow Too Much?' Ian Macfarlane of the Reserve Bank of Australia said that although household debt/income has increased since the 1980s, the risks have not increased significantly. This is due to the less volatile interest rates seen in what is now a low inflation environment.

To read past central bank speeches use our Speech Finder. Click the link on the right.

Speech by I.J. Macfarlane, Governor of the Reserve Bank of Australia to The Sydney Institute

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