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The Lucky Country Avoid A Recession Again

Catherine Birch, Senior Economist, ANZ Research

15-Aug-22 07:30

The Lucky Country Avoid A Recession Again

Inflation in Australia hit a 21 year high in June at 6.1% which caused the Reserve Bank of Australia to raise rates by 50 basis points to 1.85% in August. However what impact does this have on the property sector and also the consumer? Catherine Birch, Senior Economist at ANZ Research tells us.

Produced by: Moh Heng Ying

Presented by: Wong Shou Ning, Philip See


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Categories:  economymarkets

Tags:  australia economyreserve bank of australiaaustralia property





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