Australian Debt Clock, national debt per capita.#National #debt #per #capita



national debt per capita

7 th February 2017

RBA very unlikely to move today

The primary reason that the RBA will be less inclined to adjust the Cash Rate today is year-ended core Inflation (excluding volatile items) data for December 2016 amounted to 1.3%. This is well below the 2-3% RBA Inflation Target over the Long Run. Outside of this, money markets have been consistently stable for months now and are providing yields well about the Cash Rate of 1.5%. This money market data suggests the RBA could actually raise the Cash Rate to bring more alignment to the CGS market. However, the bond markets only stabilised last year in November upon the Trump election result, as the markets moved to take more risk by moving moneys out of bonds and into equities. Click here to view current CGS yield data. Though it is uncertain how stable this trend will be as we move further into the Trump Administration, the buzz word in financial markets at the moment being ‘uncertainty’. Making it unwise for the RBA to increase the Cash Rate today.

Australian Debt Clock.com.au

Australian Debt Clock is dedicated to informing the public of our nations trending debt levels. These debt levels are given in isolation of a vast amount of economic data and information that this website does not explore, and therefore should not be used as a sole point of reference.

Australian Debt Clock seeks to create awareness around an economic issue that has many dimensions. This website only explores the aggregating levels of debt amongst the different sectors of the Australian economy, and seeks to remain unbiased of the positive and negative economic implications. Rather, this website will pursue presenting impartial information that will serve as a point of reference for users.

It is the intent of this website to encourage conscious and open-minded thinking in relation to Australia’s economic situation. Financial literacy and awareness of our nations trending debt levels is an important part of reaching a well-rounded economic understanding.

Please share this information with family, friends and colleagues to ensure they are educated and up-to-date with the numbers behind our current economic times .


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