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ASIC Warns Property Crash Could Spark $250B Private-Credit Shock

7/20/2026

Summary

Story summary

ASIC warned that a property-market crash could trigger a private-credit financial shock.
ASIC commissioner Simone Constant said private-credit loans total $250 billion, up from $35 billion a decade ago.
Bank of England reported that it launched a scenario exercise in December 2026 to assess private-credit risks, and that U.S. firm Blue Owl limited withdrawals after a 40 percent share drop while Tricolor Holdings and Market Financial Solutions collapsed.

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Story summary

ASIC warned that a property-market crash could trigger a private-credit financial shock.
ASIC commissioner Simone Constant said private-credit loans total $250 billion, up from $35 billion a decade ago.
Bank of England reported that it launched a scenario exercise in December 2026 to assess private-credit risks, and that U.S. firm Blue Owl limited withdrawals after a 40 percent share drop while Tricolor Holdings and Market Financial Solutions collapsed.