Household indebtdness, as measured by DTI ratios, has risen considerably over the past 40 years, both in Australia and elsewhere (Figure 1). The increase in the Australian household DTI ratio has been more pronounced than in most other countries, rising from the bottom half of the distribution across advanced economies in the late 1980s to the top quartile by 2018.. Australia's average household debt was $261,492 in 2021-22 - up 7.3% from the previous year (2020-2021). Meanwhile, average household gross disposable income was $139,064, which is only up by 3.7% from the year prior. That would mean that Australia's average debt-to-income ratio is about 1.88 - a number most lenders would be quite happy.
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Lending to households and businesses, Australia Feb 2019 Archive release. Lending to households and businesses, Australia Jan 2019 Archive release. Lending to households and businesses, Australia Dec 2018 Archive release. Back to top of the page. Statistics. Latest and future releases; Topics;. In 2019-20. Average equivalised disposable household income was $1,124 per week. Average net worth for all Australian households in 2019-20 was $1.04 million. Total average liabilities for households saw a statistically significant increase from $189,500 in 2017-18 to $203,800 in 2019-20. Three in four (75%) households had debt in 2019.
