RBA: Australian Households, Businesses And Banks Well Placed To Weather Slower Growth And Falling House Prices
Fewer Than 1% Of Mortgage Borrowers In Negative Equity; Even A Further 20% Fall In House Prices Would Raise Share To Only 5% - Around 2% Of Owner-Occupier Borrowers Have A Cash-Flow Shortfall; Loan Arrears Remain Low - Smaller Businesses And Energy-Intensive Firms Face Rising Cash-Flow Pressures - Main Domestic Financi