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Inside Politics: Inflation 'Doomsday' dodged, but what happens now?

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Manage episode 431885260 series 2444251
Content provided by The Age and Sydney Morning Herald, The Age, and Sydney Morning Herald. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Age and Sydney Morning Herald, The Age, and Sydney Morning Herald 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.

Australians are buying way less stuff. Households are draining their savings.

Yet at the same time, we’ve been hearing months of warnings that the Reserve Bank might again hike mortgage rates.

That all changed on Wednesday when a key data set was released. It showed the prices of goods and services were still rising higher than we would like, but not quite as quickly as some feared.

Today, senior economic correspondent Shane Wright joins Paul Sakkal to unpack what the latest data tell us about our economy, and whether mortgage holders might see some relief.

Subscribe to The Age & SMH: https://subscribe.smh.com.au/

See omnystudio.com/listener for privacy information.

  continue reading

1317 episodes

Artwork
iconShare
 
Manage episode 431885260 series 2444251
Content provided by The Age and Sydney Morning Herald, The Age, and Sydney Morning Herald. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Age and Sydney Morning Herald, The Age, and Sydney Morning Herald 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.

Australians are buying way less stuff. Households are draining their savings.

Yet at the same time, we’ve been hearing months of warnings that the Reserve Bank might again hike mortgage rates.

That all changed on Wednesday when a key data set was released. It showed the prices of goods and services were still rising higher than we would like, but not quite as quickly as some feared.

Today, senior economic correspondent Shane Wright joins Paul Sakkal to unpack what the latest data tell us about our economy, and whether mortgage holders might see some relief.

Subscribe to The Age & SMH: https://subscribe.smh.com.au/

See omnystudio.com/listener for privacy information.

  continue reading

1317 episodes

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