RBA Financial Stability Review: Household sector risks lessened more since last review

The Reserve Bank of Australia just released their Financial Stability Review, noting that the household sector risks lessened more since last review.

Headlines

H'hold sector risks lessened more since last review 

Risks to some apartment mkts closer to materializing 

China remains key locus of risk to global fincl system 

Ongoing run-up in debt key risk in china 

Local risk shifting to property devt,resource-related area 

Slowing in apartment-bldg cld lessen oversupply risk 

Off-the-plan purchase settlement cld become more common 

Wholesale fund spread lower since mar but higher vs before 

Bks hv limited need to more via wholesale rest of year 

Liaison suggests good access to offshore mkts for bks 

Bks cutting lower-return activities to boost returns 

Watch bks behavior changes as cld increase systemic risk