Podcast 16: Are we heading for a debt trap?

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The government’s policies have been focused on spending and encouraging Australians to borrow more, driving strong credit growth. The impact of this approach is that the more indebted Australian’s are, the harder it is for the RBA to increase interest rates.

Darren Langer and Chris Rands discuss whether Australia could fall into a potential debt trap of low growth, low-interest rates, and no inflation if the RBA gets it wrong.

Click below to go to the Nikko website to listen to the podcast.

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