Australia at risk from major global financial shock, Reserve Bank warns
OMEGAZEPRIME News
This story was selected and curated by our editorial team in the Australia news category. Published on October 1, 2026 • Originally reported by Patrick Commins Economics editor. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
This story was selected and curated by our editorial team in the Australia news category. Published on October 1, 2026 • Originally reported by Patrick Commins Economics editor. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.
Warning comes as central bank estimates fewer than one in 100 borrowers owe more on their home than its worth
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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”.
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