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Just out of interest, I checked current interest rates published by CBA - even though we are at incredibly low official rates right now, personal debt is still extremely expensive. Credit card ("low fee") - 19.74% Personal loan - 13.90% Credit card ("low rate") - 13.49% Secure car loan - 7.99%...

Yes, I think for the vast majority of "consumers" we could assume that the debt they have is personal in nature - credit cards, personal loans, car loans, etc. With the possible exception of PPOR debt - and low repayment rate debts such as HECS etc - I think the general rule will be to pay down...

Even a PPOR loan is questionable whether it's worth paying off first or investing first. The best approach is likely more complicated - structure things so that you can minimise repayments on your investment loans while maximising repayments on your PPOR loan ... in which case the actual...

The problem is that "all that crap" is actually very important to the decision making process! It completely depends on the nature of the debt, the state of the economy, your other personal circumstances, and more. In general, reducing non-deductible and non-productive debt is the best way...