Sep 19, 2022
According to the latest statistics from the ABS, our economy is roaring along.
The most recent data, which unfortunately is backward looking to the June quarter, showed that as Aussies were released from their lockdown shackles, we spend more on ourselves, growing the economy strongly.
But since then, the Reserve Bank has raised interest rates and will likely continue doing so, so will this kill a booming economy, and what will it do to our property markets?
That's what I discussed in today’s podcast with Dr. Andrew Wilson, chief economist of My Housing Market.
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Shownotes plus more here: Will inflation and rising interest rates put an end to our booming economy? With Dr. Andrew Wilson