Low rates fuel household debt surge

By Clancy Yeates
Updated May 8 2016 - 10:23am, first published April 26 2016 - 2:00pm
Rising rates could be a wake-up call for property buyers about paying down debt. Photo: iStock
Rising rates could be a wake-up call for property buyers about paying down debt. Photo: iStock

The economy chalked up one of its more unimpressive records recently: household debt reached an all-time high.

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