NewsBite

PoliticsNow: 'Closely monitoring': Jim Chalmers on US tech bank collapse fallout

Treasurer Jim Chalmers says initial advice suggests any fallout for Australia's financial system caused by the collapse of the Silicon Valley Bank is 'unlikely to be significant'.

Joyce MoullakisJoyce Moullakis
less than 2 min read
6:46AMMarch 12, 2023.
Updated 4:15PMMarch 12, 2023
Print
Jim Chalmers has talked up the strength of Australian banking institutions as regulators try to work out the implications of the bank's collapse. Picture: Lachie Millard
Jim Chalmers has talked up the strength of Australian banking institutions as regulators try to work out the implications of the bank's collapse. Picture: Lachie Millard

Welcome to The Weekend Australian's rolling coverage of news from Canberra and around the country. Follow the latest below.

Read related topics:Anthony AlbaneseAUKUSClimate ChangeDominic PerrottetNSW Politics
Joyce Moullakis
Joyce MoullakisSenior Banking Reporter

Joyce Moullakis is a senior banking reporter. Prior to joining The Australian, she worked as a senior banking and deals reporter at The Australian Financial Review.

Joyce Moullakis

Add your comment to this story

To join the conversation, please Don't have an account? Register

Join the conversation, you are commenting as Logout

More related stories

Original URL: https://www.theaustralian.com.au/nation/politics/politicsnow-narendra-modi-urges-anthony-albanese-to-tackle-distressing-temple-attacks-in-melbourne/live-coverage/aaf6a90aea231edfed1e67b31a72fdf3