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Middle income earners are now calling debt hotlines in distress

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Manage episode 427908667 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.

More Australians than ever are now holding down more than one job. It’s just one example that illustrates the perfect economic storm that surrounds us. A toxic mix of growing mortgage repayments and rents, plus broad inflation.

So, what’s the way out for those in financial distress?

Today, senior economics correspondent Shane Wright on when we might next see an interest rate cut, or rise. And what it means that the Reserve Bank governor has gone a particularly long time, without giving a speech.

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

See omnystudio.com/listener for privacy information.

  continue reading

1226 episodes

Artwork
iconShare
 
Manage episode 427908667 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.

More Australians than ever are now holding down more than one job. It’s just one example that illustrates the perfect economic storm that surrounds us. A toxic mix of growing mortgage repayments and rents, plus broad inflation.

So, what’s the way out for those in financial distress?

Today, senior economics correspondent Shane Wright on when we might next see an interest rate cut, or rise. And what it means that the Reserve Bank governor has gone a particularly long time, without giving a speech.

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

See omnystudio.com/listener for privacy information.

  continue reading

1226 episodes

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