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Why everyone having a job could deliver an even BIGGER rate hike

Why everyone having a job could deliver an even BIGGER rate hike

FromMaking Money Easy


Why everyone having a job could deliver an even BIGGER rate hike

FromMaking Money Easy

ratings:
Length:
34 minutes
Released:
Jul 16, 2022
Format:
Podcast episode

Description

What a strong unemployment result for June 2022! You're now living in a time when the unemployment rate in Australia is the best it's been since the mid-1970s. As Chief Economist - and friend of the show Jo Masters puts it - there's now 1 vacancy for every unemployed person in Australia. So why are consumers and businesses feeling so glum? The result also has some economists suggesting the RBA needs to hike BIGGER than 0.5% at the August board meeting. Gillian asks BOQ Chief Economist Peter Munckton and St. George Bank Senior Economist Jarek Kowcza if they agree. PLUS - COVID is back on the topic list. How is it impacting business again...and your ability to work? If you want to follow or find out more about the #roamingozwiththebowens road trip - click here.See omnystudio.com/listener for privacy information.
Released:
Jul 16, 2022
Format:
Podcast episode

Titles in the series (98)

Hosted and created by Senior Finance Reporter Gillian Bowen, Making Money Easy looks at finance and economic news and, with the help of some prominent economists and experts, breaks it down to what you need to know. The discussions in this podcast do not refer to your individual circumstances and do not give individual financial advice. You should seek your own independent advice, relevant to you, when making financial decisions.