My Bui

speaker
229 appearances 2 recordings 1 series first heard Jun 2026 last heard 7 Jul

My Bui’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
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Recordings per month over the last 12 months — 2 in all, peaking in Jul 2026 with 1.

Appearances

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And it is quite interesting for economists to see that Australian sentiment, consumer sentiment, not just housing buyer sentiment, being quite depressed lately.
Yeah.
It is a bit concerning to economists to see that pessimistic sentiment in consumers because it can fuel even lower spending.
It can fuel even lower prices.
And again, that feeds back into the sentiment story and it goes in a spiral.
I mean, that's the million dollar question.
Because, you know, when they cut rates, it's likely that we'll see a bounce back in housing market again.
So let's think about what's the RBA's job.
They have two jobs.
Well, they have two jobs in their mandate, which is one is full employment.
And second one is stable prices.
And in particular, that means two and a half percent inflation.
Jobs are slowing a little bit.
We've seen a bit of an uptick in unemployment rate, but it's nowhere near the level that they are concerned about.
Overall, jobs growth is still okayish.
We still have a 4.5% unemployment rate, still lower than the pre-COVID level between 5% and 6%.
People are still getting jobs.
So I don't think they're really too concerned about that at the moment.
The other part of the mandate is 2.5% inflation.
And guess what?
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