Bad Debts May Rise in Australia

Bad Debts May Rise in Australia

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The video discusses concerns over corporate loans, particularly in the mining, agriculture, and dairy sectors. It highlights the rise in bad debt charges, expected to reach $5.3 billion by 2018, and the decline in profit growth. Despite these challenges, bank shares are rising, presenting a buying opportunity. The video also covers the increased cost of insuring debt and regulatory actions against banks for market manipulation, with ASIC expanding its probe to include major banks.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What sectors are being looked at in relation to the housing market concerns?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the expected rise in provisions for bad debt charges by 2018?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How much have bad debt charges risen since 2014?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the trend in profit growth expected until 2018?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What legal action is Australia's financial regulator taking against the banks?

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