12 min listen
The message David Jones is sending the Reserve Bank
FromABC News Daily
ratings:
Length:
14 minutes
Released:
Jun 19, 2023
Format:
Podcast episode
Description
You may have enjoyed a spot of shopping on the weekend, but if you're still heading out to spend up big, you're among a diminishing crowd.
We now know there's been a huge slump in consumer spending, as more and more of us find it harder to make ends meet with soaring rents and rising interest rates.
So, with New Zealand already in a technical recession, is there a downturn coming here too?
Today, the ABC’s business editor, Ian Verrender, on where our economy's heading, midway through the year.
Featured:
Ian Verrender, ABC business editor
We now know there's been a huge slump in consumer spending, as more and more of us find it harder to make ends meet with soaring rents and rising interest rates.
So, with New Zealand already in a technical recession, is there a downturn coming here too?
Today, the ABC’s business editor, Ian Verrender, on where our economy's heading, midway through the year.
Featured:
Ian Verrender, ABC business editor
Released:
Jun 19, 2023
Format:
Podcast episode
Titles in the series (100)
BA.5 is taking hold. So where is the Omicron vaccine?: The BA.4 and BA.5 sub-variants of Omicron are leading to a concerning jump in infections here and around the world. That's partly because while current vaccines are preventing death and hospitalisation, they're no longer as effective at stopping COVID-19 from spreading. Today, US virologist Jeremy Kamil on when Omicron-specific vaccines will be ready, and which nations will get them first. Featured: Dr Jeremy Kamil, associate professor of microbiology and immunology, Louisiana State University Health, Shreveport, Louisiana, US by ABC News Daily