Paying Tax And Interest Through The Nose In A Deep Per Capita Recession!

December 06, 2023 00:08:31
Paying Tax And Interest Through The Nose In A Deep Per Capita Recession!
Digital Finance Analytics (DFA) Blog
Paying Tax And Interest Through The Nose In A Deep Per Capita Recession!

Dec 06 2023 | 00:08:31

/

Show Notes

The Australian Bureau of Statistics (ABS) has released the June quarter National Accounts, which were an unmitigated disaster and confirmed that Australia is in a deep per capita recession. The economy as measured by real GDP grew by only 0.2% in the September quarter, driven by increased government consumption and capital investment over the quarter and badly missing economists’ expectations of a 0.4% print: Growth over the year was 2.1%, less than population growth over the same period. While the population surge earlier in the year has supported demand overall, it is now rolling over and will not provide the […]

Other Episodes

Episode 0

March 09, 2020 00:06:46
Episode Cover

Discussing Today's Market Crash On The Radio [Podcast]

I had the chance to talk about today's events on ABC Illawarra.

Listen

Episode 0

December 18, 2023 00:46:41
Episode Cover

The Grinch Who Stole Cash: With Robbie Barwick...

A final 2023 chat with Robbie Barwick from the Australian Citizens Party. We look at the RBA’s latest outing on cash usage, the Senate...

Listen

Episode 0

July 20, 2022 00:07:54
Episode Cover

Operation Damp Squib... [Podcast]

The released terms of reference for the review of the RBA are limited, and specifically excludes APRA – thus credit creation, and omits reference...

Listen