Westpac's Evans: Australia to See "Eye-Popping Growth" in 2022

The video discusses the economic outlook for Australia, focusing on growth, consumer spending, and employment. It highlights the potential impact of the Omicron variant on economic recovery and cash rate futures. The challenges of achieving inflation and wage growth targets are explored, considering the structure of the labor market and the effects of closed borders. The video also examines the outlook for the Aussie dollar in relation to interest rate changes by the RBA and the Fed.

How might the housing market influence the RBA's rate decisions?

What impact do closed borders have on labor market shortages in Australia?

What are the expectations for the Australian dollar in relation to the Fed's actions?