Go offline with the Player FM app!
213 - GDP Growth Stumbles, Per Capita Recession Deepens, Will the RBA Hold Firm?
Manage episode 453568334 series 2125978
This week, we examine Australia's latest soft GDP figures. The headline number is a weak 0.3% quarterly expansion, the lowest rate of annual growth since the pandemic with private sector demand contributing nothing to this meager growth figure.
Will the RBA stay the course with rates on hold in the face of a deepening per capita recession and falling living standards?
We also look at what's driving Australia's poor economic performance relative to other OECD nations. Get your ticket to AGS: https://www.aicd.com.au/events/australian-governance-summit.html
Subscribe to Mark's weekly column here: https://www.aicd.com.au/news-media/economic-weekly.html
222 episodes
Manage episode 453568334 series 2125978
This week, we examine Australia's latest soft GDP figures. The headline number is a weak 0.3% quarterly expansion, the lowest rate of annual growth since the pandemic with private sector demand contributing nothing to this meager growth figure.
Will the RBA stay the course with rates on hold in the face of a deepening per capita recession and falling living standards?
We also look at what's driving Australia's poor economic performance relative to other OECD nations. Get your ticket to AGS: https://www.aicd.com.au/events/australian-governance-summit.html
Subscribe to Mark's weekly column here: https://www.aicd.com.au/news-media/economic-weekly.html
222 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.