Debt



Report

Patterns across debt and debtors to government

This paper investigated groups of people that hold debt to the Ministry of Social Development, Ministry of Justice, and Inland Revenue, or to two or all of these agencies. It is aimed at filling gaps in understanding the nature and characteristics of debt and debtors.
Working paper

What has been the impact of COVID-19 on debt? Turning a wave into a tsunami

This paper presents a comprehensive analysis of the impact of COVID-19 on debt, puts recent debt developments and prospects in historical context, and analyses new policy challenges associated with debt resolution.
Report

Debt, duress and dob-ins: Centrelink compliance processes and domestic violence

This report, looking at Centrelink debts and domestic violence, shows that survivors of domestic violence, usually women, are unfairly held solely responsible for social security debts in situations where the debt was the direct result of their partner’s or ex-partner’s threats, physical violence or coercion.
Discussion paper

Buy-now, pay-later: understanding the triggers of financial hardship and possible options to address them

This document highlights the relative benefits and costs from Buy-Now, Pay-Later (BNPL) services and how these could be addressed.
Report

Helping households in debt

Much like Australia, household debt is increasing in the United Kingdom. This report examines how the financial impacts of COVID-19 may affect people in different demographic groups and regions, and explores experiences of debt and household finance before and during the pandemic.
Discussion paper

How risky is Australian household debt?

It is often observed that the level of household debt (relative to income) is high in Australia compared with other countries and its own history. Concerns about how this will influence the economy’s ability to navigate a major downturn have for many years been central...
Report

Income and wealth

Many changes have occurred in Australia since the establishment of the Australian Institute of Family Studies in 1980. This snapshot report outlines some of the significant changes in household incomes, household wealth and also the amount of household debt over the last forty years.
Report

Who wins and who pays? Rentier power and the Covid crisis

This analysis of recent UK economic support measures suggests that the crisis will exacerbate inequalities between the working poor and the asset-owning wealthy.
Working paper

Prize linked debt: increasing credit card repayments in an online experiment

A significant proportion of credit card users persistently make low repayments on their debt. This paper tests whether a financial tool known as Prize Linked Debt (PLD) can increase credit card debt repayments amongst borrowers who repay the minimum, using an online experiment.
Working paper

Can this time be different? Policy options in times of rising debt

Episodes of debt accumulation have been a recurrent feature of the global economy over the past fifty years. This paper examines the factors that are likely to determine the outcome of the most recent debt wave, and considers policy options to help reduce the likelihood...
Report

Despite the odds: Timor-Leste’s quest to avoid a debt trap dilemma and achieve democratic stability

This paper details how Dilli might opt to confront some of its most sizable challenges—whether in terms of providing sustainable economic growth, pursuing democratic consolidation, or in fending off some of the more predatory trade policies of its larger neighbors.
Report

Net debt and investment funds: trends and balance sheet implications

This paper examines the impact of growth in government investment funds on net debt. The focus in this report is conceptual—whether the long-standing frameworks that define net debt would benefit from review in light of the growing use of investment funds—and suggests that increased transparency...
Report

Enter the dragon: Australia, China, and the new Pacific development agenda

This report is written as a response to the proposed Australian Infrastructure Investment Fund for the Pacific (AIFFP), a $2 billion facility that intends to combine $500 million of aid grants with $1.5 million of loans to Pacific Island projects.
Briefing paper

Department of Agriculture and Water Resources: background paper 17

The Department of Agriculture and Water Resources welcomes the opportunity to provide this background paper. The requested focus of this background paper is on key reforms (legislative, regulatory or policy developments) over the past ten years, and any anticipated reforms, relevant to farm finance issues.
Discussion paper

Do interest rates affect business investment? Evidence from Australian company-level data

This paper examines the distribution of borrowing rates paid by companies, and the relationship between corporate borrowing rates and fixed capital investment, using a unique hand-collected dataset.
Policy

Policy: Economy

To maintain Australia’s AAA credit rating, it is critical that the Australian Government drastically reduces its debt. We believe in an economy which puts Australian interests and individuals first, striking the right balance between industry and consumer costs. We will seek a level playing field...
Commentary

Hear that ticking?

Finance’s share of the Australian economy is higher than ever, leaving us vulnerable to a growing global liquidity bubble, writes Michael Gill.
Report

Inquiry into housing policies, labour force participation and economic growth

This research presents evidence on how housing policies might promote labour force participation and economic growth through four channels - housing supply responsiveness, labour mobility, employment decisions and consumption.
Report

Housing prices, household debt and household consumption

This research investigated the relationship between increasing housing prices (or housing wealth) and the increased consumption expenditure of households from before the GFC and afterwards.
Report

Centrelink’s automated debt raising and recovery system

Since the initial rollout of the OCI, the Commonwealth Ombudsman’s office has received many complaints from people who have incurred debts under the OCI. This report examines our concerns with the implementation of the OCI, using complaints we investigated as case study examples.