According to Fitch Ratings' 2018 survey of Australian fixed-income investors
- QE risks were considered high by 44% of investors
- China facing a hard-landing was considered high risk by 29% of investors
- Housing market downturn was considered high risk by 29% of investors also
- Not expecting housing prices to crash in the next 12 months
- 37% of investors see property market exposure as the biggest threat to Australian banks' credit quality
In the previous survey back in Q4 last year, investors saw a China hard-landing over the next 12 months as being the biggest risk (42% at the time). Surprisingly, those risks have lessened despite the US-China trade rhetoric that has been taking place.