Economy slowing faster than expected as aggressive rate rises bite households

from Peter Ryan_ABC News Soundcloud · host Peter Ryan

Australia's economy is rapidly slowing under the pressure what's now twelve Reserve Bank interest rate rises since May last year. The Australian Bureau of Statistics shows household spending as been hit with consumers focussing in essential items. Reporter: ABC Senior Business Correspondent Peter Ryan Featured: Philip Lowe, Reserve Bank governor

Episode metadata supplied by the publisher feed · Published Jun 7, 2023

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Economy slowing faster than expected as aggressive rate rises bite households

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