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AAP
AAP
Business
Sam McKeith

Tough year ahead for low-income earners, renters: RBA

Low-income families, renters and those in debt face challenges in the year ahead, the RBA warns. (Steven Saphore/AAP PHOTOS)

Families on low incomes, renters and those with large debts face the prospect of economic challenges over the coming year, the nation's central bank has warned.

In its latest half-yearly Financial Stability Review, the Reserve Bank of Australia said the global economic outlook had improved following a peak in inflation but risks remained high for many local households and businesses.

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