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RBA - small but rising share of Australian households in early stages of financial stress

RBA - small but rising share of Australian households in early stages of financial stress
From the Reserve Bank of Australia Financial Stability Review (full text here) Global financial stability risks are elevated and growingRisks include China property sector, a disorderly fall in global asset prices, exposure to commercial real estateTightening in global financial conditions could slow growth, lift unemploymentFall in global asset prices could raise funding costs in Australia, limit supply of creditAustralian financial system sound, some pockets of stress among household borrowe... Read More
Posted: Oct 6 2023, 01:30
Author Name: forexlive
Views: 102099

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