QIC Chief Economist Says RBA Won't Race to Raise Rates

The video discusses Australia's economic conditions, highlighting strong job growth and stable house prices. It explains why the Reserve Bank of Australia (RBA) is not rushing to raise interest rates, unlike other global economies. The RBA's cautious approach is seen as beneficial for Australia's competitive advantage. Predictions about future rate changes are discussed, with some experts suggesting a hold until 2020. The labor market's performance and its impact on wage growth and inflation are also covered.

In what ways might the Australian economy be out of sync with the global economy?

What are the implications of a tightening global monetary policy for the Australian dollar?