The Council of Financial Regulators (the Council) held its regular quarterly meeting on Friday, 10 March. The committee discussed the impact of high inflation and rising interest rates on Australian households and the financial system, steps to strengthen the resilience of the financial sector to cyber risks, and regulatory developments in financial market infrastructure and the payments system. The Council continues to closely monitor the resilience of Australian households to high inflation and rising interest rates. Strong labour market conditions and high levels of accumulated savings are supporting household ... (full story)