rba

Australian Banks Have a Problem

Higher mortgage rates will mean that households face higher mortgage costs, which could decrease savings growth even more. Higher rates with no wage growth could also mean that borrowers applying for new loans face higher…

Welcome to Fantasy Land

The circulation of those borrowed monies within the economy is what’s kept the GDP numbers in the positive. For the best part of 30 years, we’ve been compounding our debt pile at an average annual…

No Taming the Debt Beast

Wages not growing and property prices at record highs mean that household debt is reaching record highs. And household debt is already becoming a burden that could restrict growth. Australian household debt is at one…

What the RBA Gets Wrong About Wages

The issue of stagnant wage increases is finally getting the attention it deserves, both in the mainstream and from the Reserve Bank of Australia. Since 2015, there’s been an optimism at the RBA that as…

Markets & Money