Households Debt in Australia increased to 112.10 percent of GDP in the fourth quarter of 2024 from 111.50 percent of GDP in the third quarter of 2024. This dataset provides - Australia Households Debt To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Australia Household Debt: % of GDP

• Australia household debt accounted for 116.6 % of the country's Nominal GDP in Mar 2023, compared with the ratio of 118.0 % in the previous quarter.
• Australia household debt to GDP ratio is updated quarterly, available from Jun 1988 to Mar 2023.
• The data reached an all-time high of 129.4 % in Sep 2016 and a record low of 44.2 % in Sep 1988.

• In the latest reports, Australia Household Debt reached 1,957.6 USD bn in Mar 2023.
• Money Supply M2 in Australia increased 4.1 % YoY in Jun 2023.
• Australia Foreign Exchange Reserves was measured at 37.1 USD bn in Jun 2023.
• The Foreign Exchange Reserves equaled 1.5 Months of Import in May 2023.
• Australia Domestic Credit reached 3,627.0 USD bn in May 2023, representing an increased of 1.9 % YoY.
• The country's Non Performing Loans Ratio stood at 0.8 % in Mar 2023, compared with the ratio of 0.8 % in the previous quarter.

Australia Household Finance: Ratio: Debt to Disposable Income data was reported at 181.813 % in Dec 2024. This records a decrease from the previous number of 181.881 % for Sep 2024. Australia Household Finance: Ratio: Debt to Disposable Income data is updated quarterly, averaging 115.018 % from Mar 1977 (Median) to Dec 2024, with 192 observations. The data reached an all-time high of 188.173 % in Jun 2018 and a record low of 33.827 % in Mar 1977. Australia Household Finance: Ratio: Debt to Disposable Income data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.KB006: Household Finance Ratio.

Graph and download economic data for Household Debt to GDP for Australia (HDTGPDAUQ163N) from Q4 2005 to Q4 2024 about Australia, debt, households, and GDP.

Australia Household Finance: Ratio: Debt to Disposable Income: Housing: ow Owner Occupier data was reported at 101.500 % in Dec 2024. This records a decrease from the previous number of 101.686 % for Sep 2024. Australia Household Finance: Ratio: Debt to Disposable Income: Housing: ow Owner Occupier data is updated quarterly, averaging 79.685 % from Mar 1990 (Median) to Dec 2024, with 140 observations. The data reached an all-time high of 105.096 % in Sep 2022 and a record low of 25.723 % in Mar 1990. Australia Household Finance: Ratio: Debt to Disposable Income: Housing: ow Owner Occupier data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.KB006: Household Finance Ratio.

This report analyses the ratio of credit card debt to discretionary income and is measured as a percentage of discretionary income. The ratio includes debts that are accruing interest and debts that are not accruing interest, on credit and charge cards. Credit card debt data for this report is sourced from the Reserve Bank of Australia (RBA), while discretionary income is sourced from the Australian Bureau of Statistics.

Key information about Australia Debt Service Ratio: Households

• Australia Debt Service Ratio: Households was reported at 17.500 % in Sep 2024
• This records an increase from the previous number of 17.400 % for Jun 2024
• Australia Debt Service Ratio: Households data is updated quarterly, averaging 15.300 % from Mar 1999 to Sep 2024, with 103 observations
• The data reached an all-time high of 18.200 % in Jun 2008 and a record low of 10.000 % in Mar 1999
• Australia Debt Service Ratio: Households data remains active status in CEIC and is reported by Bank for International Settlements
• The data is categorized under World Trend Plus’s Association: Banking Sector – Table RC.BIS.DSR: G2 Households (HH) and Non-Profit Institution Serving Households (NPISHs): Quarterly

The house price-to-income ratio in Australia was ***** as of the first quarter of 2025. This ratio, calculated by dividing nominal house prices by nominal disposable income per head, increased from the previous quarter. The price-to-income ratio can be used to measure housing affordability in a specific area. Australia's property bubble There has been considerable debate over the past decade about whether Australia is in a property bubble or not. A property bubble refers to a sharp increase in the price of property that is disproportional to income and rental prices, followed by a decline. In Australia, rising house prices have undoubtedly been an issue for many potential homeowners, pricing them out of the market. Along with the average house price, high mortgage interest rates have exacerbated the issue. Is the homeownership dream out of reach? Housing affordability has varied across the different states and territories in Australia. In 2024, the median value of residential houses was the highest in Sydney compared to other major Australian cities, with Brisbane becoming an increasingly expensive city. Nonetheless, expected interest rate cuts in 2025, alongside the expansion of initiatives to improve Australia's dwelling stock, social housing supply, and first-time buyer accessibility to properties, may start to improve the situation. These encompass initiatives such as the Australian government's Help to Buy scheme and the Housing Australia Future Fund Facility (HAFFF) and National Housing Accord Facility (NHAF) programs.

The Debt Collection industry's performance tends to improve when economic conditions are weak, as these factors can elevate business bankruptcies and cause more households to default on loans. On the other hand, a strong economy and tight lending practices can dampen debt collection agencies' performance. Households and businesses pay down debts when the economy is performing well, while tighter lending practices leads to better loans that are less likely to default.While economic conditions weakened in the COVID-19 outbreak's aftermath, the government provided businesses with assistance via stimulus measures to ensure that they could remain in operation. This factor dampened business bankruptcies during the pandemic, dulling demand for debt collection services. Long-term drops in business bankruptcies, the household debt to assets ratio and the ratio of credit card debt to discretionary income have cut into industry profit margins. Despite these trends, debt collection agencies are starting to recover. Inflationary pressures have been ramping up, and the RBA has been raising the cash rate consistently to combat this climb. Resulting rises in interest rates and the cost of borrowing have made it more likely for households and businesses to accumulate bad debt. Revenue is expected to fall at an annualised 7.1% to an estimated $1.2 billion over the five years through 2023-24. However, this trend includes an expected rise of 9.4% in 2023-24, as recovering demand for debt collection services has sparked improved performance.Debt collection agencies' performance is set to keep recovering over the next few years. Climbing interest rates will lift the ratio of interest payments to disposable income, making it more likely that downstream markets will seek out debt collection services. Agencies are also likely to improve their profit margins; many debt collectors are implementing process automation via web portals, which can improve productivity and automate communications functions like sending emails and messages. Growth opportunities are also on track to arise for debt collectors, as more companies will be outsourcing receivables management to specialists in the industry – particularly companies in the finance, insurance, banking and telecommunications sectors. Overall, revenue is forecast to climb at an annualised 1.1% to an estimated $1.3 billion over the five years through 2028-29, reflecting the industry's improved operating conditions.

Australia Household Income: Trend: Use of Income: Primary Income Payable: Property: Consumer Debt Interest data was reported at 2,385.000 AUD mn in Mar 2019. This records an increase from the previous number of 2,383.000 AUD mn for Dec 2018. Australia Household Income: Trend: Use of Income: Primary Income Payable: Property: Consumer Debt Interest data is updated quarterly, averaging 917.000 AUD mn from Sep 1959 (Median) to Mar 2019, with 239 observations. The data reached an all-time high of 3,961.000 AUD mn in Jun 2008 and a record low of 21.000 AUD mn in Sep 1959. Australia Household Income: Trend: Use of Income: Primary Income Payable: Property: Consumer Debt Interest data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.A288: SNA08: Household Saving Ratio and Household Income: Trend.

Australia Household Finance: Ratio: Debt to Disposable Income: Housing data was reported at 135.114 % in Dec 2024. This records an increase from the previous number of 134.864 % for Sep 2024. Australia Household Finance: Ratio: Debt to Disposable Income: Housing data is updated quarterly, averaging 71.575 % from Mar 1977 (Median) to Dec 2024, with 192 observations. The data reached an all-time high of 138.800 % in Sep 2022 and a record low of 24.167 % in Mar 1977. Australia Household Finance: Ratio: Debt to Disposable Income: Housing data remains active status in CEIC and is reported by Reserve Bank of Australia. The data is categorized under Global Database’s Australia – Table AU.KB006: Household Finance Ratio.

Portugal, Canada, and the United States were the countries with the highest house price to income ratio in 2024. In all three countries, the index exceeded 130 index points, while the average for all OECD countries stood at 116.2 index points. The index measures the development of housing affordability and is calculated by dividing nominal house price by nominal disposable income per head, with 2015 set as a base year when the index amounted to 100. An index value of 120, for example, would mean that house price growth has outpaced income growth by 20 percent since 2015. How have house prices worldwide changed since the COVID-19 pandemic? House prices started to rise gradually after the global financial crisis (2007–2008), but this trend accelerated with the pandemic. The countries with advanced economies, which usually have mature housing markets, experienced stronger growth than countries with emerging economies. Real house price growth (accounting for inflation) peaked in 2022 and has since lost some of the gain. Although, many countries experienced a decline in house prices, the global house price index shows that property prices in 2023 were still substantially higher than before COVID-19. Renting vs. buying In the past, house prices have grown faster than rents. However, the home affordability has been declining notably, with a direct impact on rental prices. As people struggle to buy a property of their own, they often turn to rental accommodation. This has resulted in a growing demand for rental apartments and soaring rental prices.

Australia Household Income: sa: Use of Income: Primary Income Payable: Property: Consumer Debt Interest data was reported at 2,746.000 AUD mn in Dec 2024. This records an increase from the previous number of 2,724.000 AUD mn for Sep 2024. Australia Household Income: sa: Use of Income: Primary Income Payable: Property: Consumer Debt Interest data is updated quarterly, averaging 973.500 AUD mn from Sep 1959 (Median) to Dec 2024, with 262 observations. The data reached an all-time high of 4,007.000 AUD mn in Jun 2008 and a record low of 21.000 AUD mn in Sep 1962. Australia Household Income: sa: Use of Income: Primary Income Payable: Property: Consumer Debt Interest data remains active status in CEIC and is reported by Australian Bureau of Statistics. The data is categorized under Global Database’s Australia – Table AU.A289: SNA08: Household Saving Ratio and Household Income: Seasonally Adjusted.

Overview
This report presents the detailed financial performance estimates of dairy farmers in 2014-15, 2015-16 and 2016-17, and discusses incomes, investment, farm debt, and costs of production in a historical context. The report draws on data from the ABARES annual Australian Dairy Industry Survey (ADIS).

This report is a collation of chapters that have been previously published online.

Farm financial performance (published 18 May 2017) This chapter presents estimates of the incomes, profits, costs and rates of return for dairy farms. Key Issues
Average farm cash income of Australian dairy farms is projected to decrease by around 18 per cent in 2016-17 to $105,000 per farm. Farm cash income in 2016-17 is projected to be an estimated 8 per cent lower than the average between 2000-01 and 2015-16 (in real terms*). The expected decrease in incomes is a result of reduced milk production per farm and lower milk receipts due to low prices.

• Note: real dollar values are adjusted to remove the effect of inflation.

Farm debt and equity (published 12 July 2017) This chapter presents estimates of the debt, equity, and debt-servicing capacity for dairy farms. Key Issues
Average farm debt of Australian dairy farms is estimate to have increased by around 2 per cent to $956,000 in 2015-16 (in 2016–17 dollars). Average dairy farm debt is projected to decrease by around 6 per cent in 2016-17. The average equity ratio of dairy farms at the national level declined from 85 per cent in 2004-05 to an estimated 79 per cent in 2015-16. The proportion of farm receipts needed to fund interest payments is projected to fall to just under 7 per cent in 2016-17.

Farm capital and investment (published 8 August 2017) This chapter presents estimates of farm capital and farm investment for dairy farms. Key Issues
The total value of capital for Australian dairy farms increased by 40 per cent in real terms from 2000-01 to 2015-16. On a per farm basis, total capital increased by 133 per cent to around $4.5 million per farm in 2015-16. The average value of land and fixed improvements per hectare for dairy farms increased by 76 per cent from 2000-01 to 2015-16, with an average annual return on land appreciation of 3.9 per cent.

Physical characteristics (published 9 November 2017) This chapter presents estimates of physical characteristics for dairy farms. Key Issues
From 2000-01 to 2015-16 the number of Australian dairy farms fell by 45 per cent. Although most of this decline was in Victoria, the largest percentage decline was in Queensland. The concentration of Australian milk production among the states has shifted considerably, with Victoria and Tasmania expanding their milk production and all other states contracting since 2000-01. Total milk production increased in Tasmania from 2000-01 to 2015-16 but decline in all other states.

While the share of Australian households occupied by homeowners without a mortgage has decreased overall since financial year 2001, the value has fluctuated in recent years to sit at 29.5 percent in financial year 2020. Homeowners in Australia have had to compete with rising housing related costs, with the high house price to income ratio in recent years.

Growth in contributions has boosted the sizes of funds under management (FUM) in recent years. This trend has ensured a steady flow of retirement savings into the market, benefiting superannuation fund managers' incomes. Most of a manager's income is generated through management fees that managers levy on their FUM. The value of FUM fluctuates according to the flow of funds and the performance of investment markets. However, intense price competition has softened income growth for managers. The fierce competition has contributed to the consolidation trend. As larger managers that can capitalise on economies of scale become more prevalent, profitability has grown. Overall, superannuation fund manager revenue is expected to rise by 1.3% over the five years through 2024-25, to $3.0 billion Much of the FUM and income growth over recent years has been driven by a rise in the rate of compulsory superannuation contributions paid by employers. The minimum employer contribution, known as the Superannuation Guarantee, rose to 11.5% in July 2024, compounding the flow of superannuation contributions into the industry's FUM. Fund managers also receive performance fees and successive increases to the All Ordinaries Index, buoyed by record business profit despite inflationary pressures, have boosted fees for some fund managers. However, broader sharemarket volatility amid rising interest rates internationally has seen many fund managers scramble to reweight their investment portfolios to take advantage of changing macroeconomic trends. Thanks to robust growth in FUMs, fund manager incomes are set to jump by 3.4% in 2024-25. Superannuation fund managers are projected to continue growth over the coming years, assisted by growing amounts of FUM and easing inflationary pressures. Despite a rising superannuation fund asset base, older Australians drawing down their savings are projected to limit a rise in FUM, constraining managers' incomes. Australia's sizable pension fund system has the potential to attract more foreign multi-disciplinary wealth management services firms, competing on both price and performance. Overall, industry revenue is forecast to grow at an annualised 3.8% over the five years through 2029-30, to $3.7 billion.

家庭财务：比率：可支配收入债务：住房：其中业主自住在12-01-2024达101.500%，相较于09-01-2024的101.686%有所下降。家庭财务：比率：可支配收入债务：住房：其中业主自住数据按季更新，03-01-1990至12-01-2024期间平均值为79.685%，共140份观测结果。该数据的历史最高值出现于09-01-2022，达105.096%，而历史最低值则出现于03-01-1990，为25.723%。CEIC提供的家庭财务：比率：可支配收入债务：住房：其中业主自住数据处于定期更新的状态，数据来源于Reserve Bank of Australia，数据归类于全球数据库的澳大利亚 – Table AU.KB006: Household Finance Ratio。

家庭财务：比率：可支配收入债务在12-01-2024达181.813%，相较于09-01-2024的181.881%有所下降。家庭财务：比率：可支配收入债务数据按季更新，03-01-1977至12-01-2024期间平均值为115.018%，共192份观测结果。该数据的历史最高值出现于06-01-2018，达188.173%，而历史最低值则出现于03-01-1977，为33.827%。CEIC提供的家庭财务：比率：可支配收入债务数据处于定期更新的状态，数据来源于Reserve Bank of Australia，数据归类于全球数据库的澳大利亚 – Table AU.KB006: Household Finance Ratio。

家庭财务：比率：可支配收入债务：住房在12-01-2024达135.114%，相较于09-01-2024的134.864%有所增长。家庭财务：比率：可支配收入债务：住房数据按季更新，03-01-1977至12-01-2024期间平均值为71.575%，共192份观测结果。该数据的历史最高值出现于09-01-2022，达138.800%，而历史最低值则出现于03-01-1977，为24.167%。CEIC提供的家庭财务：比率：可支配收入债务：住房数据处于定期更新的状态，数据来源于Reserve Bank of Australia，数据归类于全球数据库的澳大利亚 – Table AU.KB006: Household Finance Ratio。

家庭收入：趋势：收入利用：主要收入应付帐款：地产：消费者债务利息在03-01-2019达2,385.000百万澳大利亚元，相较于12-01-2018的2,383.000百万澳大利亚元有所增长。家庭收入：趋势：收入利用：主要收入应付帐款：地产：消费者债务利息数据按季更新，09-01-1959至03-01-2019期间平均值为917.000百万澳大利亚元，共239份观测结果。该数据的历史最高值出现于06-01-2008，达3,961.000百万澳大利亚元，而历史最低值则出现于09-01-1959，为21.000百万澳大利亚元。CEIC提供的家庭收入：趋势：收入利用：主要收入应付帐款：地产：消费者债务利息数据处于定期更新的状态，数据来源于Australian Bureau of Statistics，数据归类于全球数据库的澳大利亚 – Table AU.A288: SNA08: Household Saving Ratio and Household Income: Trend。