RBA to Stay on Hold Through This Year, Says Oxford Economics’s Hunter

The transcript discusses the Reserve Bank of Australia's (RBA) considerations regarding interest rate changes, focusing on labor market data, housing market trends, and wage growth. It highlights the potential for a rate cut if unemployment rises or external shocks occur. The discussion also covers the impact of geopolitical tensions on the Australian dollar, particularly in relation to trade with China. Overall, the RBA is expected to hold rates steady unless significant economic changes arise.

What is the significance of wage growth in the context of the Australian economy?

Discuss the potential risks to the Australian dollar mentioned in the text.