EY Chief Oceania Economist on RBA's Financial Stability Review

The transcript discusses the global economic recovery, focusing on Australia's financial stability and housing market boom. It highlights the role of consumer confidence and household spending in economic recovery. The end of Jobkeeper is expected to impact job numbers, but the overall economic momentum is likely to continue.

How have rising house prices impacted household wealth and consumer spending?

What factors are contributing to the economic recovery in Australia?

What is the significance of the relationship between consumer confidence and the housing market?

In what ways has the current housing market cycle differed from previous cycles in Australia?

What are the potential consequences of the end of JobKeeper on the Australian economy?