Sentences with phrase «majority of household debt»
And thirdly, of course, higher leverage means that monetary policy's impact via its effect on the behaviour of borrowers will be bigger than in the past — especially in a country like Australia where the majority of household debt is at floating rates.
https://www.rba.gov.au/ Not exact matches
An individual's value to his creditors at time of filing a consumer proposal comprises his assets valued at liquidation (auction) pricing (that may be a garage sale for your furniture and household goods, the wholesale cash buyer for your car, or the pawnbroker for your jewellery) after deducting exemption in prescribed, legislated amount (s) for car, household goods, clothing, tools of the trade, medical aids, home, life insurance, pensions, RRSP, etc., which amounts to little or nothing for the large majority of us, less than our debt in any case.
The majority of U.S. households have no credit card debt, according to the Federal Reserve's latest Survey of Consumer Finances.
The short - term impact on the housing market is expected to be manageable, given that the majority of Canadian families are already taking a prudent approach in managing household debts.