(AGENPARL) – ven 08 aprile 2022 Financial Stability Review
8 April 2022
We have released our latest [Financial Stability Review](https://events.rba.gov.au/link/id/zzzz624f9063a2a9e952Pzzzz61358c86a728c671/page.html).
The Financial Stability Review provides the Bank’s assessment of the current condition of the financial system and potential risks to financial stability.
At a Glance
Financial systems remain resilient but face higher volatility and uncertainty
Global financial systems have functioned well throughout the pandemic. However, Russia’s invasion of Ukraine and the resulting sanctions have amplified some existing risks and created others.
https://events.rba.gov.au/link/id/zzzz624f9063a6e50568Pzzzz61358c86a728c671/page.html
Rising inflation and interest rates will make it difficult for some borrowers to meet debt payments
Debt is high relative to income for many households and businesses. Some borrowers will find it harder to meet debt payments due to rising inflation and the expected increases in interest rates.
https://events.rba.gov.au/link/id/zzzz624f9063a8c6c194Pzzzz61358c86a728c671/page.html
Large falls in property or financial asset prices would be disruptive for financial markets and the economy
Falls in financial asset and property prices could be triggered by larger-than-expected increases in interest rates, rising risk aversion, dislocation in financial markets and/or weak income growth.
https://events.rba.gov.au/link/id/zzzz624f9063aaae0390Pzzzz61358c86a728c671/page.html
The risks of cyber-attacks have increased for banks and other financial institutions
Cyber risks for the financial system are elevated, particularly following Russia’s invasion of Ukraine and the central role of the financial system in the application of sanctions.
[Read the full Financial Stability Review](https://events.rba.gov.au/link/id/zzzz624f9063ac45d664Pzzzz61358c86a728c671/page.html)