1
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3answers
337 views

What implications does having the highest household debt to disposable income ratio have on Australia?

I hear that Australia has the highest household debt to disposable income ratio in the world. What does that mean? What implication does that have for the economy, for the stock market and for the ...
3
votes
3answers
197 views

When the Reserve Bank determines the interest rates, do they take the house prices into account?

My knowledge of how interest rates work (please correct me if I'm wrong) is that it is set by the Central Bank of a country. They're supposed to be apolitical and independent and their decision ...