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Australia at risk from major global financial shock, Reserve Bank warns

المصدر: World news | The Guardian · نُشر

Australia at risk from major global financial shock, Reserve Bank warns
المصدر: World news | The Guardian

Warning comes as central bank estimates fewer than one in 100 borrowers owe more on their home than its worth Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast The Reserve Bank says households are well placed to we

Warning comes as central bank estimates fewer than one in 100 borrowers owe more on their home than its worth Follow our Australia news live blog for latest updates Get our breaking news email , free app or daily news podcast The Reserve Bank says households are well placed to weather the twin storm of rising interest rates and plunging property prices, but warned that Australia would not be immune to a sudden collapse of the global AI investment boom. The central bank’s latest financial stability review – a biannual assessment of the financial system – said the “threats to global financial stability continue to mount”. Continue reading...

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Australia news live: Anika Wells named in Time’s ‘influential rising stars’; no negative equity crisis despite property slump
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Australia news live: Anika Wells named in Time’s ‘influential rising stars’; no negative equity crisis despite property slump

Follow the day’s news live. Get our breaking news email , free app or daily news podcast Queensland’s state government has missed a deadline to sign up to the federal government’s Thriving Kids program before its rollout begins today. Under the program, state governments will pro

World news | The Guardian ·