RBA Sees No Strong Case for Near-Term Adjustment in Policy

The transcript discusses the Reserve Bank of Australia's (RBA) concerns about declining house prices and their potential impact on GDP growth, unemployment, and inflation. Despite a strong labor market, the RBA is cautious about interest rate changes. The transcript also covers the Reserve Bank of India's (RBI) early dividend payment to the government, highlighting its necessity for funding a farm program amid a budget gap. The discussion touches on the economic conditions in Australia and India, central bank policies, and the implications of these financial decisions.

What is the significance of the RBI's early payout to the government?

What were the circumstances surrounding the departure of the former RBI governor Patel?