Meanwhile, housing investment, which is in a generally favorable environment including low interest rates, is expected to recover somewhat in the second half of fiscal 1997, although it has recently been weak reflecting the reaction to the surge in demand ahead of the consumption tax hike. 4.
https://www.rba.gov.au/speeches/2019/sp-dg-2019-11-26.html  17/21  11/26/2019  Employment and Wages | Speeches | RBA  Outlook The recent  Statement on Monetary Policy provided the Bank's latest forecasts for the labour  market and wages growth.