RBA Likely to Raise Rates in 2019, HSBC's Bloxham Says

The transcript discusses Australia's economic reliance on China's domestic demand, highlighting the importance of exports like iron ore and services. It examines the impact of global trade dynamics, particularly US-China relations, on Australia's economy. The Reserve Bank of Australia's (RBA) monetary policy is also analyzed, focusing on interest rate decisions influenced by inflation, labor market conditions, and housing market trends.

What is Australia's third largest export after coal and iron ore?

• Liquefied natural gas

• Tourism services

• Base metals

• Education services

How does easing trade tensions between the US and China affect Australia's economy?

• It stabilizes the Australian dollar

• It increases unemployment rates

• It decreases commodity prices

• It reduces Australia's GDP

What is the current unemployment rate in Australia as mentioned in the transcript?

• 5.5%

• 4.5%

• 5%

• 6%

What is the key factor the RBA is monitoring to decide on interest rate changes?

• Export levels

• House prices

• Wages growth

• Global trade tensions

According to the transcript, when is the next RBA rate hike expected?

• 2019

• 2022

• 2021

• 2020