Enoch I disagree somewhat
if china slows a lot, it wont have too dramtic effect on us as other importing countries, other commodities(maybe uranium) and Australian industries may pick up the slack.
if commodities fall (and our currency with it) our tourism and education sectors will benefit
If overseas credit tightens the RBA will factor this in, it already did once
Inflation and expensive oil is also seen by the RBA as a rate rise as well, especially if they think that raising rates will have no effect on curbing inflation on the individual things that are causing it - such as oil
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