Australian Jan. Trade Surplus Estimated at $3.8 Billion

The video discusses the impact of strong commodity prices on Australia's trade surplus, with a focus on iron ore, and its contribution to GDP growth. It also covers New Zealand's economic outlook, highlighting the Reserve Bank's stance on the cash rate amidst domestic and international risks, including housing market uncertainties and U.S. trade policy under Donald Trump.

What was the estimated trade surplus for January?

What impact do commodity prices have on the Australian economy according to the text?

How did the Reserve Bank governor Graeme Wheeler describe the cash rate in his speech?

What factors did Graeme Wheeler identify as risks to the cash rate?

What international factor is significant for the Reserve Bank of New Zealand?