Reserve Bank of Australia Financial Stability Review, September 2024. Headlines via Reuters:The Australian financial system is resilient, and risks are contained.Risks include stress in China's financial sector and a lack of significant response from Beijing.Low global risk premia and high leverage increase the danger of a disorderly downturn in global asset prices.The financial system is vulnerable to digitalisation and the concentration of AI/cloud providers.The growth of superannuation to one quarter of the financial system could amplify shocks.The risk of widespread financial stress in Australia remains limited.A small but rising share of Australian home borrowers are falling behind on
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