Net Lending by Sector-relative to GDP. Source: Reference [14].

Contexts in source publication

Context 1

... rising Australian household debt indicates that the desire of Australian household borrowing must have satisfied by the available funding sources, otherwise the borrow- ing cannot be realised. From the net lending by sector ( Figure 3) we can conclude that some Australian household debt is directly funded by other domestic sectors. Figure 3 shows, prior to 1986-87 the household sector in Australia was a net lender. ...

Context 2

... the net lending by sector ( Figure 3) we can conclude that some Australian household debt is directly funded by other domestic sectors. Figure 3 shows, prior to 1986-87 the household sector in Australia was a net lender. ...

Context 3

... trary to the household sector, the net position of the financial corporations sector changed in 1988-89 from net borrower to net lender. While the general government sector was also largely a net borrower, the non-financial corporations sector was a net borrower for the entire period as shown in Figure 3. ...

Context 4

... glimpse of the household debt data in 2003-2004 convinces one of the important func- tions of this funding source. The gross household debt increased by about 15% of GDP in the financial year 2003-2004 (calculated by author), but the household net borrowing from other sectors increased only around 6.3% of GDP at the same period (see Figure 3). So, more than half of gross household debt is financed by households themselves. ...

Context 5

... another way round, the increase in the exchange rate in recent years indicates the increase in foreign capital inflow shown in Figure 4. Much of this foreign money becomes the direct or indirect funding source of Australian household debt because, from Figure 3 we know, household sector is the largest domestic bor- rower in recent years. ...