Debt a balancing act

Article Abstract:

Australians indebtedness level in the world that is the highest and its comparison with the United States is discussed. However, Australia's household balance sheets as measured by net wealth are 5.5 times the household income in the US, and just less than seven times in Britain.

Author: Hely, Susan, Derkley, Karin
Publisher: Fairfax Business Publication
Publication Name: Personal Investor (Melbourne, Vic.)
Subject: Personal finance
ISSN: 0813-2992
Year: 2005
Public Finance Activities, National Government Liabilities & Debt, Economic aspects, Comparative analysis, National debt, Public debts, Personal income

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Quick redraw

Article Abstract:

This article discusses surveys of Australian homeowners, revealing that most pay off their mortgages before the 25-year period, then redraw on it for various purposes.

Author: Derkley, Karin
Publisher: Fairfax Business Publication
Publication Name: Personal Investor (Melbourne, Vic.)
Subject: Personal finance
ISSN: 0813-2992
Year: 2001

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Out of debt, at last

Article Abstract:

This article discusses wealth-creation strategies for home-owners, focusing on financial management following the end of a mortgage.

Author: Derkley, Karin
Publisher: Fairfax Business Publication
Publication Name: Personal Investor (Melbourne, Vic.)
Subject: Personal finance
ISSN: 0813-2992
Year: 2001
Evaluation, Debt, Financial management

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Subjects list: Australia, Management, Mortgages
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