Unemployment, rates and recession - it's complicated
Description
A central bank has decided to keep interest rates on hold - what does it mean for Australia and will it inspire the Reserve Bank to follow suit? One of our neighbours is in recession. We explore the impacts here, if Australia is on the path to the same thing and if a recession can help inflation. There are a lot of things at play right now in the economy - including a strong labour market - and boy is it complicated. This episode will help you understand what's going on. Plus we've got details on Australia's population - can you guess where everyone is moving domestically? Impact Economics Lead Economist Angela Jackson and Head of Australian Economics at ANZ Adam Boyton joins Gillian to explain.
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