Financial Stability Review April 2025

Contents

• In Brief
• Financial Stability Assessment
• 1. The Global Macro-financial Environment
  • 1.1 Key developments
  • 1.2 Key vulnerabilities that could affect financial stability in Australia
• 2. Resilience of Australian Households and Businesses
  • 2.1 Households
  • 2.2 Businesses
  • 2.3 Commercial real estate
• 3. Resilience of the Australian Financial System
  • 3.1 Banks
  • 3.2 Non-bank financial institutions (NBFIs)
  • 3.3 Financial market infrastructures (FMIs)
• 4. Focus Topics
  • 4.1 Focus Topic: A Conceptual Framework for Assessing Financial Stability
  • 4.2 Focus Topic: Looking at Digitalisation through a Financial Stability Lens
  • 4.3 Focus Topic: The Recent Increase in Company Insolvencies and its Implications for Financial Stability
• Copyright and Disclaimer Notices

The cut-off for data used to prepare the Financial Stability Review was 27 March 2025.

Underlying data for selected graphs. Other data may be available upon request via our general enquiry page.

ISSN 1449–5260