Reserve Bank warns Australia is vulnerable to global AI investment crash
🤖 AI-generated content — The title and summary were produced automatically by artificial intelligence, without human editorial review.
The Reserve Bank warned Australia would not escape a sudden collapse in the global AI investment boom, though households remain broadly resilient to rising rates and falling property prices. Fewer than 1% of borrowers are estimated to owe more than their homes are worth.
Continue in the app — vote & join in ➔Source: The Guardian World · via ahirlevel.hu