Via the AFR:
The Reserve Bank of Australia is opening the door to even tougher regulatory restraints on risky bank lending after announcing it would do its own “bank stress tests,” a task usually performed by the prudential regulator.
Amid a fresh barrage of warnings that limits on investor lending would not reduce high household debt levels, the Reserve flagged plans to gauge how resilient the financial system is to a potential meltdown for the first time.
