Friday, 2 October 2026

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Business

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

Warning comes as central bank estimates fewer than one in 100 borrowers owe more on their home than its worthFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Reserve Bank says households are well placed to weather the twin storm of rising interest rates and plunging property prices, but warned…

Warning comes as central bank estimates fewer than one in 100 borrowers owe more on their home than its worthFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Reserve Bank says households are well placed to weather the twin storm of rising interest rates and plunging property prices, but warned…

Read the full story on Business | The Guardian

Source: Business | The Guardian

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