NAB's de Garis Sees RBA Hiking Rates in 2H of 2018

The video discusses the Reserve Bank's economic challenges, focusing on strong activity numbers and mining sector growth. It examines the labor market, inflation trends, and the potential for rate hikes. The global economic context is considered, highlighting issues like stagnant wages and housing market dynamics. The video concludes with an analysis of the Australian housing market, noting population growth and cooling property prices.

Discuss the relationship between wage rises and consumer spending in the current economic context.

What role does population growth play in the demand for new housing in Australia?