ASIC raises alarm on private credit, with 'every working Australian' exposed
Australia's corporate regulator ASIC warned Monday that private credit risks threaten every working Australian exposed through superannuation. ASIC Commissioner Simone Constant cited dangers from US sector instability and potentially overvalued Australian property, warning of liquidity gaps and default risks. The Reserve Bank is also investigating risks from the opaque private credit sector, which has grown rapidly with minimal oversight.
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Published 19 Jul 2026, 21:58 UTC · Updated 19 Jul 2026, 22:10 UTC
Summary by OZbrief Editorial. Original report: ABC News – Australia. Editorial policy · Corrections