The Twin Engines of Australia's Economic Growth

Australia's extraordinary period of unbroken economic growth is partly a consequence of the dynamics of our economy. We've been particularly lucky over that long period to have relatively synchronized booms in the housing and commodities markets. It's quite an unusual event, and one that Australians should be very proud of. Overall, I think the metrics in Australia at a high level are pretty strong. Maybe we might see the terms of trade dropping off a little bit over the next 24 months.