Both higher asset prices and a willingness to take more risk can be good for the global economy, especially if they lead to more investment, not just more borrowing. We do, though, need to remember that it is possible to have  too much of a good thing.
So this is also an issue that international bodies, including the Financial Stability Board, are keeping a close eye on. Graph 4  The Australian Economy I would now like to turn to the Australian economy. We will be releasing an updated full set of forecasts on Friday in the .