RBA Governor Lowe: April's Pause Doesn't Imply Rate Hikes Are Over

The transcript discusses the potential for further interest rate increases to manage inflation in Australia. It highlights the resilience and stability of Australia's banking system, emphasizing strong capital positions and liquidity reserves. The text also compares Australia's regulatory practices with those of other countries, suggesting a need for global reevaluation. Despite the strong banking system, Australia is not immune to international financial stresses.

In what way does the assessment of Australia's banking system provide reassurance?

What does the text imply about Australia's immunity to stresses abroad?