Australia’s financial system has passed a major stress test, but risks remain. Some, like housing, are obvious. Others are much more hidden.
First, the good news.
According to phase one of the system-wide stress test of the Australian financial system just conducted by the Australian Prudential Regulation Authority, our banks and our superannuation funds could survive a nightmare.
Source: https://www.afr.com/chanticleer/investors-at-the-heart-of-apra-s-housing-worries-20251120-p5ngx3