EconomyAustralia at risk from major global financial shock, Reserve Bank warns
The Reserve Bank of Australia says households are generally well placed to withstand higher interest rates and falling property prices, but warns the country would not be immune to a sudden collapse in the global AI investment boom. It says threats to financial stability are mounting, including disorderly asset corrections, bond sell-offs and cyber-attacks.
Australia at risk from major global financial shock, Reserve Bank warns
Economy