Finance

The Reserve Bank of Australia and financial regulators are warning that the economy is entering a more “shock-prone” era, with greater risks from global instability, geopolitical tensions, and rapid technological change. Banks and financial institutions are being urged to strengthen resilience, including holding sufficient capital, improving risk management, and preparing for more frequent economic disruptions. […]

Property buyer’s agency Dashdot collapsed into voluntary liquidation in May 2026, leaving at least 700 clients—many of whom paid large upfront fees—at risk of losing tens of thousands of dollars as unsecured creditors. Customers say they were given little or no warning before the collapse, with some paying fees shortly beforehand and receiving no services, […]