The latest chart pack from the RBA to June 2017 includes the worrisome chart on household debt levels.
No sign of a change in trajectory, despite low wage growth and some lending tightening. The last available data point on household debt to income is 188.7 from December 2016. The March data should be out soon and will be higher again.
Of course this is an average, and some households are in deep debt strife, right now, as higher mortgage rates hit. See our latest mortgage stress analysis released a couple of days ago.
