Australia economics presentation

Australia economics presentation

Over the past couple of decades, household debt increased significantly in Australia.

Based on the ABS Social Trends 4102.0 March 2009: Household Debt article, discuss the changes in the level and composition of debt for Australian households over the past couple of decades. (You need only base your answer on the first two pages; up to and not including “Who owes Money” on page 31).

What are the risks and benefits of household debt?