The Reserve Bank says households are surviving its repeated interest rate rises, but three percent of owner occupiers are now in a serious financial trouble.
A annual financial report from the State Controller’s Office released March 15 details more than $255 billion in unfunded liabilities, the largest in the U.S.
‘[We] need to be focused on unleashing our energy potential, not taxing it. Doing so would create thousands of good jobs and keep our power grid secure.’