IDEAS home Printed from
   My bibliography  Save this article

The household balance sheet in Australia


  • Australian Treasury

    (Treasury, Government of Australia)


Australian household wealth has increased in recent years, despite higher debt levels. In other words, the value of household assets has risen substantially more than household debt. The higher debt levels partly reflect the benefits of low inflation in contributing to improved housing affordability and access to finance. Household debt increases do not appear to have resulted in enhanced financial difficulties at an aggregate level.

Suggested Citation

  • Australian Treasury, 2001. "The household balance sheet in Australia," Economic Roundup, The Treasury, Australian Government, issue 4, pages 65-76, December.
  • Handle: RePEc:tsy:journl:journl_tsy_er_2001_4_1

    Download full text from publisher

    File URL:
    Download Restriction: no

    References listed on IDEAS

    1. David Gruen & Glenn Stevens, 2000. "Australian Macroeconomic Performances and Policies in the 1990s," RBA Annual Conference Volume,in: David Gruen & Sona Shrestha (ed.), The Australian Economy in the 1990s Reserve Bank of Australia.
    2. Tony Makin, 1990. "The Cad: Not Really The Villain In Australia'S Macroeconomic Melodrama," Economic Papers, The Economic Society of Australia, vol. 9(3), pages 77-84, September.
    3. William F. Sharpe, 1964. "Capital Asset Prices: A Theory Of Market Equilibrium Under Conditions Of Risk," Journal of Finance, American Finance Association, vol. 19(3), pages 425-442, September.
    Full references (including those not matched with items on IDEAS)

    More about this item


    consumer debt; household income; personal income; wealth;

    JEL classification:

    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
    • D14 - Microeconomics - - Household Behavior - - - Household Saving; Personal Finance
    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tsy:journl:journl_tsy_er_2001_4_1. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (The Treasury (Commonwealth of Australia)). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.