Why your slice of the economic pie is shrinking | ABC News Daily Podcast
Автор: ABC News (Australia)
Загружено: 2023-09-12
Просмотров: 19544
It looks like the Reserve Bank has achieved what it set out to do - it’s slowed the economy by hiking up interest rates to stop us spending. There has been a marked slowdown in growth for the first six months of this year, from 2.7 per cent at the end of December, to now just 2.1 per cent. But the economy is now in what is known as a per capita recession. So what on earth is that and should we worry about it? Business and economics reporter Gareth Hutchens on what it means for our hip pockets and jobs
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