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Why Consumers feeling Glum is a ‘Victory’

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Manage episode 346852363 series 2964023
Content provided by Gillian Bowen. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Gillian Bowen or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

So consumers are feeling as bad as they would, if we were in an actual recession. Australians are employed at record levels, economic conditions are pretty strong but sentiment is glum. You might think that’s bad - but one of my experts this episode argues consumers feeling glum right now is a victory. Huh? Hint - it’s linked to rising prices. We’ve also got the latest on the state of mortgages after the full year results of two of the Big 4 banks. And differing views on rates - one thinks there’ll be only one rise next year while the other thinks there’ll be multiple. Welcome to the world of forecasting. ANZ Senior Economist Adelaide Timbrell and Peter Martin, the Economy Editor at The Conversation and a Visiting Fellow at the Crawford School of Public Policy join Gillian to explain. Find out more Gillian here.

See omnystudio.com/listener for privacy information.

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98 episodes

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iconShare
 
Manage episode 346852363 series 2964023
Content provided by Gillian Bowen. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Gillian Bowen or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

So consumers are feeling as bad as they would, if we were in an actual recession. Australians are employed at record levels, economic conditions are pretty strong but sentiment is glum. You might think that’s bad - but one of my experts this episode argues consumers feeling glum right now is a victory. Huh? Hint - it’s linked to rising prices. We’ve also got the latest on the state of mortgages after the full year results of two of the Big 4 banks. And differing views on rates - one thinks there’ll be only one rise next year while the other thinks there’ll be multiple. Welcome to the world of forecasting. ANZ Senior Economist Adelaide Timbrell and Peter Martin, the Economy Editor at The Conversation and a Visiting Fellow at the Crawford School of Public Policy join Gillian to explain. Find out more Gillian here.

See omnystudio.com/listener for privacy information.

  continue reading

98 episodes

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