RBA’s Financial Stability: Few signs of financial stability risks

FXstreet.com (Barcelona) - The RBA’s Financial Stability Review has just been published, with a summary of the most relevant headlines below.

Key headlines

Few signs of financial stability risks for either household or business sectors

Important for banks to maintain prudent lending standards

Australian banking system in strong shape, profitable and well capitalized

Around half the households ahead on their mortgage payments

Pick-up in property market & home prices unsurprising given low interest rates

Sustained low rates could fuel specualtion

To watch property investment by self-managed super funds, but poses little risk to financial system