But the helmsman warns of choppy waters ahead.
A cold war with China, rampant inflation, the Ukraine conflict and the return of Donald Trump have all converged to put us into a world of worry.
The immigration announcement might seem like a good news story, but potential migrants might beg to differ.
The incontrovertible truth is that annual inflation reached 7.3% in the June quarter, well above the reserve bank’s 1% to 3% target.