Hewson's View: Another day older and deeper in debt | September 15

By John Hewson
Updated September 14 2017 - 12:26pm, first published 11:00am

This week the Australian Bureau of Statistics released some pretty sobering data on household debt and over-indebtedness. It is most significant because it clearly emphasizes just how dangerous it would be for the Reserve Bank to raise interest rates, especially as this would also work to hold our dollar up to the detriment of our export industries.

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