Description
Colourful property developer Tim Gurner caused an outcry calling for the unemployment rate to rise, saying "we need to see pain in the economy". How different is his message from the RBA's official line? Plus, the latest confidence numbers, a farewell speech from Lowe, a getting to know you speech from the incoming productivity commissioner, and the obesity wonder drug Ozempic and Danish GDP.
This week on the Dismal Science, Mark and Raph take a look at the latest Australian labour market figures and what it means for Mark's increasingly shaky call for a February rate cut.
Is the RBA being too pessimistic about what the unemployment rate associated with full employment needs to be?
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Published 11/20/24
Join Mark and Raph to unpack the potential economic implications of the US election result.
We examine some of the key economic policy pledges that President Elect President Donald Trump made during the campaign, from tariffs to taxes, and discuss the possible ramifications for interest rates,...
Published 11/14/24