Australia Growth 'Manageable Slowdown' Expected, Goldman's Boak Says

The video discusses the current economic outlook for Australia, highlighting a slowdown in growth due to housing sector challenges but maintaining an above-trend trajectory supported by public infrastructure spending and rising wages. It examines the housing market downturn, credit tightening, and the RBA's view of an orderly correction. The discussion also covers macroprudential measures, economic resilience, and the diminishing wealth effect, with a focus on consumer sentiment and spending trends.

What factors are contributing to the expected slowdown in Australian growth?

How does the current financial condition in Australia support growth?

What is the significance of the public infrastructure spending mentioned?

What are the implications of the tightening credit on the housing market?

How has consumer sentiment and spending in Sydney changed despite falling prices?