Barrenjoey's Masters on Australian Economy

Barrenjoey's Masters on Australian Economy

Assessment

Interactive Video

Business

University

Hard

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The video discusses the impact of rising energy prices on inflation and economic policy, highlighting the challenges faced by Michelle Bullock as the new Reserve Bank Governor. It examines Australian consumer behavior, noting a slowdown in discretionary spending due to fixed-rate mortgage transitions and population growth. The video also explores the effects of increased migration on the labor market and rental inflation, with a focus on international students. Finally, it addresses China's significant influence on Australia's economy, particularly in terms of trade and resource exports.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What role do international students play in the Australian labor market?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the implications of China's economic situation for Australia, particularly regarding minerals demand?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How can currency adjustments mitigate the economic impact of external shocks?

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