Did the RBA just choose recession?

vor 5 Monaten

30 Minuten

Podcast

Podcaster

Formerly The Money, The Economy, Stupid is your weekly guide to the world of business, economics and finance. Every Thursday, economist Peter Martin is joined by a team of sharp young thinkers for a fresh conversation about the financial stories making...

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The Economy, Stupid

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Beschreibung

vor 5 Monaten

The Reserve Bank says it’ll do whatever it takes to crush
inflation, even if it means Australia falls into
recession. But for millions of Australians, the pain is
already here with petrol prices soaring and mortgage repayments
climbing. So did the RBA really have no choice but to lift
rates again? Or is this a risk the Bank didn’t need to take?

Guests:

Gianni La Cava, Former Senior Research Manager at the Reserve
Bank of Australia; now Senior Economist at the e61 Institute.

Cherelle Murphy, Oceania Chief Economist, EY