Filippos joined Capital Economics in September 2022 as an Economist in the Markets team. Previously he had four years of experience working as a Europe Economist and a commodity Analyst. He has an Economics and Politics BSc from the University of Bristol and an Economics MSc from University College London.
Australia & New Zealand Chart Book
Full impact of higher interest rates hasn’t been felt yet
According to RBA estimates, household interest payments jumped from 5.1% of disposable income in Q1 to 6.9% last quarter and we expect them to reach 12.5% by end-2023. With household debt around...