Will the collapse of a U.S. bank impact us here in Australia?

<p>The collapse of Silicon Valley Bank (SVB) over the weekend was the largest bank failure since the 2008 global financial crisis.</p> <p>The Biden administration has guaranteed that no customers will lose their money.</p> <p>Will this end up being a one-off event? Or could it lead to economic contagion? We’ll let you know in the deep dive.</p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>