In May, the ABS released a report called “Trends in Household Debt,” listed as “4102.0 – Australian Social Trends, 2014.” The report was an eye-opener for many, as it documented just how much debt Australians have amassed in the last 25 years. Household Debt As of 31 December 2013, total household debt was calculated to be $1.84 trillion. That works
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