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RBA Household Finances · March quarter 2026 · free to cite with attribution
How much Australian households owe, relative to what they earn and own — the debt-to-income ratio, the full household balance sheet, and how leverage has shifted over the past decade.
177.7%
household debt to income · March quarter 2026
134.6%
housing (mortgage) debt to income
16.0%
household debt to assets
1,110.9%
household assets vs income
Year-end household debt as a share of annual disposable income. It peaked at 187.7% in 2018 and sits at 177.7% in March quarter 2026.
2015
174.1%
2016
181.1%
2017
186.5%
2018
187.4%
2019
186.0%
2020
180.1%
2021
184.9%
2022
183.8%
2023
181.6%
2024
178.7%
2025
177.2%
2026
177.7%
Every ratio the RBA tracks in table E2, in plain English. Debt ratios first, then household wealth.
| Measure | Latest | What it means |
|---|---|---|
| Household debt to income | 177.7% | All household debt as a share of annual disposable income. |
| Housing debt to income | 134.6% | Housing (mortgage) debt as a share of annual disposable income. |
| Owner-occupier housing debt to income | 99.9% | Owner-occupier mortgage debt as a share of disposable income. |
| Household debt to assets | 16.0% | Household debt as a share of total household assets. |
| Housing debt to housing assets | 21.3% | Housing debt as a share of the value of housing assets. |
| Household assets to income | 1,110.9% | Total household assets relative to annual disposable income. |
| Housing assets to income | 631.1% | Housing assets relative to annual disposable income. |
| Household financial assets to income | 449.8% | Financial assets (super, shares, deposits) relative to income. |
Figures are from the Reserve Bank of Australia’s statistical table E2 Household Finances – Selected Ratios (March quarter 2026), which the RBA compiles from ABS data. Ratios are expressed as a percentage of annualised household disposable income (or of assets, where noted). “Debt to income” above 100% means households owe more than a year’s disposable income — it is not a sign of distress on its own. Figures are indicative and not financial advice.
You’re welcome to reference these figures with a link (CC BY 4.0). Suggested citation: “Australian household debt statistics, Oz Finance Hub, ozfinancehub.com.au/australian-household-debt”.
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