RBA financial stability review: financial system resilient, banks well capitalised and profitable

Market news

13 April 2018

RBA financial stability review: financial system resilient, banks well capitalised and profitable

Bank capital ratios close to or above "unquestionably strong" targets
Risks to bank capital from past misconduct "appear limited" so far
Overall funding costs for banks has declined over the past year
Small minority of borrowers with interest only loans to face difficulty with refinancing

Chinese trade balance recorded a big deficit in March

U.S. President Trump tweets: "Would only join TPP if the deal were substantially better than the deal offered to pres. Obama."

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