Is Financial Capability Related to the Effective Use of Debt in Australia?
Australians’ high use of personal debt is, in part, attributable to the relaxation of the financial services regulation. There is concern that while debt has the potential to increase a person’s wealth, if used ineffectively it can have the opposite effect. This paper details a study of 680 Austra...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
University of Wollongong
2013-09-01
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Series: | Australasian Accounting, Business and Finance Journal |
Subjects: | |
Online Access: | http://ro.uow.edu.au/aabfj/vol7/iss3/7 |