Economy resilient but consumer in hibernation

from Peter Ryan_ABC News Soundcloud · host Peter Ryan

Australia's economy remains remarkably resilient despite the impact aggressive interest interest rate rises. But consumer spending continues to sag with a survey showing the sector is in "deeply pessimistic territory". Deloitte Access Economic predicts the construction boom will deflate in 2024 as the economy slows. Reporter: Senior Business Correspondent Peter Ryan Featured: Stephen Smith, partner, Deloitte Access Economics

Episode metadata supplied by the publisher feed · Published Aug 8, 2023

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Economy resilient but consumer in hibernation

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