Encouraging signs but the economic ride isn't over
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Description
If you've been cutting back on your spending, it appears to be paying off. The latest look at the cost of living shows a slight improvement - notice the word slight. And that is encouraging news ahead of the April interest rates decision. My economists this week reveal why they're forecasting a pause. But keep listening to find out how long that pause will last. Job vacancies are also out and worth analysising. And we've got a rare 20 year snapshot from the Australian Bureau of Statistics on Permanent Migration. It's really interesting reading/listening. We ask the big questions - what has it done for the economy, is the flow right, what's the impact on essential services (housing, health, roads) and how will it impact on inflation into the future. CommBank Chief Economist Stephen Halmarick and Westpac Group Senior Economist Jarek Kowcza join Gillian to discuss. ABS Permanent Migration Release See omnystudio.com/listener for privacy information.