RBA Frets Potential AI Stock Slump Could Hit Australian Spending

Australian households have significant exposure to artificial-intelligence stocks, leaving consumer spending and the broader economy vulnerable to a sharp correction, according to internal Reserve Bank documents.

The exposure extends well beyond direct investment in AI-related firms, with superannuation funds providing the biggest link to the sector and most of it concentrated overseas, according to a Sept. 1 paper from the RBA’s domestic markets division released to Bloomberg.