Bloxham: Australia, New Zealand's Recoveries Justify Their Covid Approach

The video discusses the economic recovery in New Zealand and Australia, highlighting robust GDP growth but also challenges such as stalled population growth and closed borders. It examines the impact of the US economic recovery on Australia, particularly through commodities and monetary policy. The video also addresses housing market issues and inflation, noting the role of central banks in managing these challenges.

What is one of the major challenges for New Zealand and Australia in sustaining their economic recovery?

• Rising interest rates

• Decreasing housing prices

• Increasing international tourism

• Closed borders and stalled population growth

How does a recovering U.S. economy benefit Australia?

• By decreasing commodity demand

• By strengthening the Australian dollar

• By weakening the Australian dollar

• By increasing global growth and demand for commodities

What is the expected impact of the Federal Reserve's actions on the Australian economy?

• It will lead to higher interest rates in Australia

• It will make the RBA's job harder

• It will have no impact

• It will ease the RBA's efforts to manage inflation

What is a significant issue caused by low interest rates in Australia?

• Rising housing prices

• Decreasing inflation

• Increasing population growth

• Stable housing market

What strategy is the RBNZ expected to focus on to address housing market challenges?

• Increasing interest rates

• Focusing on housing sustainability

• Reducing fiscal transfers

• Encouraging international tourism