213 - GDP Growth Stumbles, Per Capita Recession Deepens, Will the RBA Hold Firm? - podcast episode cover

213 - GDP Growth Stumbles, Per Capita Recession Deepens, Will the RBA Hold Firm?

Dec 04, 202414 minEp. 213
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Episode description

This week, we examine Australia's latest soft GDP figures. The headline number is a weak 0.3% quarterly expansion, the lowest rate of annual growth since the pandemic with private sector demand contributing nothing to this meager growth figure.

Will the RBA stay the course with rates on hold in the face of a deepening per capita recession and falling living standards?

We also look at what's driving Australia's poor economic performance relative to other OECD nations.

Get your ticket to AGS: https://www.aicd.com.au/events/australian-governance-summit.html

Subscribe to Mark's weekly column here: https://www.aicd.com.au/news-media/economic-weekly.html

 

 

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213 - GDP Growth Stumbles, Per Capita Recession Deepens, Will the RBA Hold Firm? | The Dismal Science podcast - Listen or read transcript on Metacast