Unemployment, overseas visitors, renting, rates and inflation: the impact on consumers and business
Description
Find out what a slight rise in the unemployment rate means for the Australian economy and why this episode's economists aren't too worried about a significant deterioration. We've got the latest data on international visitors Down Under and how it'll help small businesses and companies looking for workers. The PAIN coming for renters and why we can't forget about them in the interest rates/inflation discussion. Find out whether mortgagees are falling behind on minimum repayments and an update on the wage-price spiral. It's a packed 22 minutes. ANZ Senior Economist Catherine Birch and Westpac Group Senior Economist Pat Bustamante join Gillian to explain.
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