why Australia and New Zealand are safe from 'bank run' contagion
- Written by John Hawkins, Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra
There has been a lot of talk about the risk of financial contagion following the collapse of California’s Silicon Valley Bank. Perhaps too much talk.
While the frequency of bank runs in the past shows the power of emotions to move markets, there’s little reason to panic.
We’re not looking at anything like the circumstances that...
