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IS CREDIT GROWTH SUSTAINABLE?
Author(s) -
BRADDICK PAUL
Publication year - 2006
Publication title -
economic papers: a journal of applied economics and policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.245
H-Index - 19
eISSN - 1759-3441
pISSN - 0812-0439
DOI - 10.1111/j.1759-3441.2006.tb00417.x
Subject(s) - debt , economics , household debt , dual (grammatical number) , sustainable growth rate , natural resource economics , business , macroeconomics , finance , art , literature
This paper examines recent trends in credit growth in Australia and the potential risks implied. Even though household debt to income ratios are high, it is argued that changing employment trends, such as the growth of dual income households, reduce the resulting risks.