Chris Rands

You’d need to have been living under a rock to not have been bombarded with headlines on Aussie housing prices, but do you understand the full implications these prices hold? As a result, Australians hold the second highest household debt to GDP ratio in the world. Although this debt once boosted our economy, as Nikko Asset Management explains, in the long-term it could erode future economic growth in Australia.

While the Australian housing market can look bleak at times, especially when consulting media headlines, Nikko believes there remain some positives that should be examined.