RBA Financial Stability Review April 2025

From rba.gov.au

Risks to the Australian financial system from lending to households, businesses and commercial real estate have remained contained. Budget pressures remain pervasive across the Australian community, but they have eased a little for some and the share of borrowers experiencing severe financial stress remains small, reflecting the continued strength in the labour market and the maintenance of prudent lending standards. After earlier increases, the share of households that have fallen behind on their mortgages appears to have stabilised at pre-pandemic levels and almost all borrowers now benefit from home values that ... (full story)