Net household financial wealth is still down on its pre-GFC highs.
Housholds are continuing to be cautious with their assets (favouring cash depositis over shares). Although, this trend might be turning a corner.
No surprises on the liabilies side.
Thursday, June 28
Household finances
Today the ABS released the March quarter financial accounts. My favourite table in this series is the household sector.
Net household financial wealth is still down on its pre-GFC highs.
Housholds are continuing to be cautious with their assets (favouring cash depositis over shares). Although, this trend might be turning a corner.
No surprises on the liabilies side.
Net household financial wealth is still down on its pre-GFC highs.
Housholds are continuing to be cautious with their assets (favouring cash depositis over shares). Although, this trend might be turning a corner.
No surprises on the liabilies side.
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