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

Reported by The Guardian World · 1 hour ago · Patrick Commins Economics editor

Image: The Guardian World

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…

Read the full story on The Guardian World →

News24x7 shows the headline and a short extract only. The full article, its images and all rights belong to The Guardian World.

More in Business & Finance

See all →

💰 Business & Finance Breaking

Madlanga Commission | Sibanyoni links top cop Shadrack Sibiya to late taxi boss Msibi (opens on the publisher’s site)

Footage played at the Madlanga Commission on Wednesday showed Sibanyoni telling Ramaphosa that local groups wanted a 30% operational stake in PUTCO, warning that they would take matters into their own hands if their demands were not addressed.

IOL (site feed) 1 hour ago details

💰 Business & Finance Breaking

Asked to complete HANIS verification? Here’s what you need to know (opens on the publisher’s site)

A HANIS request does not automatically mean a beneficiary is suspected of fraud. Here is what older SASSA grant recipients should know about identity checks, failed fingerprints and visiting Home Affairs.

IOL 1 hour ago details