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AAP

Jacob Shteyman

Bank chief doubts trade-war risk will cancel Christmas

Andrew Hauser RBA Australia United States Donald Trump Depression Economy

The RBA says US tariffs won't be plain sailing for Australia but the economy could ride it out. (Dean Lewins/AAP PHOTOS)

Australia's central bank has no great expectations of hard times in 2025, despite the threat of a global trade war casting a pall over Christmas celebrations.

Channelling Charles Dickens in a Christmas Carol-themed speech in Sydney, Reserve Bank of Australia deputy governor Andrew Hauser said the country was well placed to ride out the effects of US tariffs.

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