The rapid growth of Australia’s $3.9 trillion superannuation industry and its large exposure to the big four banks has created new risks to the stability of financial markets and could amplify shocks in the future, the Reserve Bank of Australia has warned.
Jim Chalmers says resilient financial institutions are vital to protecting the economy. Alex Ellinghausen
Jonathan Shapiro writes about banking and finance, specialising in hedge funds, corporate debt, private equity and investment banking. He is based in Sydney. Connect with Jonathan on Twitter. Email Jonathan at jonathan.shapiro@afr.com
