Key findings from the review include:

  • Households and businesses have built substantial financial buffers, enabling them to manage potential economic shocks effectively.
  • Australian banks maintain high levels of capital and liquidity, ensuring their capacity to support the economy during disruptions.
  • While global risks such as elevated government debt and geopolitical tensions persist, the domestic financial landscape exhibits robust resilience.

The RBA underscores the importance of maintaining prudent lending standards and enhancing operational resilience among financial institutions. This approach aims to safeguard the stability of Australia's financial system in the face of evolving global challenges.

For consumers and businesses, the review's findings offer reassurance regarding the strength of the financial sector. However, the RBA advises continued vigilance and prudent financial management to navigate potential future uncertainties effectively.