06 Apr Jigsaw April Newsletter
It’s April already and as we head back to work after Easter we hope you enjoyed a peaceful and relaxing holiday weekend. April is generally a quiet month on the national stage as the Government prepares for its May Budget although concerns about a trade war continue to unsettle global markets.
On the home front, Australian households have some of the highest debt levels in the world thanks in part to rising house prices and bigger mortgages. At the same time, wages have stagnated with pay increases barely keeping up with inflation.
In this snapshot, we look at the state of our household balance sheets, discuss the difference between good and bad debt and provide tips for dealing with problem debt.
As always, if you would like to discuss your debt reduction strategy, don’t hesitate to call our office.
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