EPISODE · Jun 18, 2023 · 2 MIN
Jim Chalmers cites remarkable jobs gains in attempt to dampen recession fears
from Peter Ryan_ABC News Soundcloud · host Peter Ryan
It might not feel like it, but Australia's economy looks resilient enough to withstand a looming downturn that might trigger a recession by the end of the year. That's the optimistic view from Treasurer Jim Chalmers who's pointed to strong surprisingly strong jobs growth - even though that is likely to force more interest rate rises.
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Jim Chalmers cites remarkable jobs gains in attempt to dampen recession fears
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