INSIGHTS: The Technical Not Recession

Multiple articles have come out this week about the Australian GDP recession, and the ‘three economic records that were broken in November this year;  Real Household disposable income plunged the fastest ever recorded at 5.1% Year on Year; Bloomberg ranking Australia with the lowest rental availability amongst developed countries; Finally the Economist ranked us number 1 for ‘entrenched inflation’.   Telling an Australian right now the economy is on track to grow and we are not in a recession and they will not believe you.  Because Australia is not in a recession but an Australian is in a recession.  With sky high migration holding wage growth down, while also creating inflation due to a scarcity.

Join Chris and Alex as they discuss this in detail in today's Insights!

Read the full news post here.