Reserve Bank warns on small business failures; Crown director Harold Mitchell did anti-money laundering training in 30 mins "in light" of licence inquiry

The Reserve Bank has warned that thousands of small business could fail when emergency measures come to an end early next year. 

The RBA's latest financial stability review says while the banking system remains strong, that many businesses relying on loan repayment deferrals won't survive. 

Also on Monday Finance - PWC partner Paul Abbey says the "carry loss back" measure revealed in last week's federal budget is critical as the government consider eventual measures to raise revenue. 

Crown director Harold Mitchell tells the casino licence inquiry he did anti-money laundering training in 30 minutes as James Packer signals he might sell at least some of his 36 percent stake in Crown to meet the "fit and proper" requirement.

Here's my analysis on RN Breakfast