Reserve Bank of Australia Financial Stability Review
RBA Financial Stability Review: Banking system weathered financial crisis better than others, face tougher environment than in many years as problem loans rise
- Debt guarantees helped boost banking balance sheets; Banks offering credit at accommodating terms
- Housing credit still expanding
- Further softness in housing market still possible, but sector is not as vulnerable as in other economies
- Note: RBA’s Stability Review is published on a semi-annual basis




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