Australia Must Gird for Shock-Prone Financial System, RBA Warns (opens original article in a new tab)

Australia must prepare for a more shock-prone financial system as geopolitical tensions alter economic connections, according to a Reserve Bank official.

• Australian institutions need to be ready for a more shock-prone financial system
• Strained geopolitical environment is reshaping financial and economic linkages
• Senior Reserve Bank official warned about the need for preparedness