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RBA Downplays Risks From Bathla Collapse to Financial Stability

Key Points

Australia’s central bank has downplayed concerns about the recent collapse of a large property developer, arguing that the company and its lenders in the private credit sector do not represent a system-wide financial stability risk.

Australia’s central bank has downplayed concerns about the recent collapse of a large property developer, arguing that the company and its lenders in the private credit sector do not represent a system-wide financial stability risk.
Financial Stability Australia’s (ORG)
Originally published by Bloomberg Markets Read original →