What is keeping prices high?
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Description
The monthly inflation figures are out. We pick apart the story behind the high prices, who's doing what and why my economists don't think inflation expectations are out of hand in Australia. Plus - revenge spending - what's that and why is it happening right now. We take a look at the impact of the latest economic data on the pending June Reserve Bank Board meeting - HINT - a risk of another rate rise is HIGH. And can you become more productive? The RBA Governor has been talking about wage rises and productivity, but the experts this episode aren't convinced it's an issue. Bank of Queensland Chief Economist Peter Munckton and AMP Deputy Chief Economist Diana Mousina join Gillian to explain See omnystudio.com/listener for privacy information.