Published On Mar 28, 2024
The latest Reserve Bank Quarterly Bulletin shows a marginal improvement in households disposable income at the end of last year. It also shows that debt as a percentage of nominal disposable income decreased slightly to 62.3% in the fourth quarter of 2023 from a revised 62.4% in the third quarter. The bank says the decrease in household debt is due to a slight increase in disposable income.
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