Goldman Sachs' Boak on RBA Policy, Australian Economy

The video discusses the fragility of Australian households in the face of rising interest rates, highlighting the decline in net debt since the global financial crisis. It explores the concept of a neutral cash rate and its implications for economic stability, predicting a terminal rate of 3.1%. The discussion also covers potential future rate reductions and their impact on the economy, as well as the influence of global economic forces on the Aussie dollar.

How do banks typically respond to rising interest rates in terms of mortgage pricing?

What is the expected impact of rising interest rates on the housing market in Australia?

What are the conflicting forces affecting the Australian dollar currently?