Australian Household Debt a Barrier for RBA

The scale of Australia's household debt means lifting interest rates is going to be a far more sensitive operation than previous tightening cycles. Bloomberg's Paul Allen also reports on the economy and on Prime Minster Malcolm Turnbull's plan to expand the Snowy Hydro scheme. Allen speaks on "Bloomberg Daybreak: Australia." (Source: Bloomberg)

Full Show: Surveillance (07/26)
16:10 - Bloomberg Surveillance hosted by Tom Keene, Nejra Cehic, and Mark Barton. Guests include Deputy Prime Minister of Poland Mateusz Morawiecki, Ian Bremmer, president at Eurasia Group, Michael Darda, chief economist at MKM Partners, and Alberto Gallo, head of global macro strategies at Algebris U.K. (Source: Bloomberg)
  • Nomura's Ticehurst Says Aussie Economy Growing Moderately
  • RBA Says Jobs, Housing Still Need Monitoring
  • Yellen Says Fed Will Shrink Balance Sheet Slowly