The evidence presented is usually the (very high) levels of consumer debt, the (very high) exposure of Australian banks to property, the lack of economic divers

The evidence presented is usually the (very high) levels of consumer debt, the (very high) exposure of Australian banks to property, the lack of economic diversification, and the effects of foreign speculation. I'm not working in finance, but whether false or true, this seems like an attempt at some kind of evidence of the potential for cascading failure.