What does the COVID-19 crisis mean for household debt? | 7.30

Australian households went into the COVID-19 crisis already in debt, but that is now coupled with a loss of earnings, job insecurity, and 1 in 14 mortgages across the country now being deferred. Given all of that, household spending trends have been surprising.

For more from ABC News, click here: https://ab.co/2kxYCZY
You can watch more ABC News content on iview: https://ab.co/2OB7Mk1

Subscribe to us on YouTube: http://ab.co/1svxLVE
Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2
You can also like us on Facebook: http://facebook.com/abcnews.au
Or follow us on Instagram: http://instagram.com/abcnews_au
Or even on Twitter: http://twitter.com/abcnews

Видео What does the COVID-19 crisis mean for household debt? | 7.30 канала ABC News (Australia)