Australians Curb Spending as Household Debt Balloons

From Reuters. Australia’s economy may have achieved a remarkable winning streak, avoiding a recession for 25 years, but there are now clear signs that the consumers who have driven much of the growth are running out of puff. With cash interest rates at a record low and house prices near record highs, the nation’s household … Continue reading Australians Curb Spending as Household Debt Balloons