Credit Debt Set To Top $40 Billion AUD
According to an article at new.com.au credit card debt is set to
reach $40 Billion. This will be an all time record for personal debt levels.
According to the article many Australians are feeling the pinch of higher
interest rates and a post christmas financial hangover.
Compounding the problem for many families is the material increase
in rent prices in capital cities around Australia.
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