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

Digital Finance Analytics (DFA) Blog

Dec 06 2023 | 00:08:31

00:00 / 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

September 14, 2022 • 00:14:03

On A Recession Doorstep... [Podcast]

A broad sell-off sent U.S. stocks reeling on Tuesday after a hotter-than-expected inflation report dashed hopes that the Federal Reserve could relent and scale...

Episode 0

July 09, 2022 • 00:23:38

The Recession Obsession... [Podcast]

Atlanta Fed President Raphael Bostic, until recently among the central bank’s most dovish policymakers, said on Friday he “fully” supports another 75-basis-point rate rise...

Episode 0

June 14, 2021 • 00:47:43

Its Edwin's Monday Evening Property Rant! [Podcast]

My regular chat with Edwin Almeida, our property insider. https://www.ribbonproperty.com.au/ Join us for our live Q&A show tomorrow, where Edwin will be answering questions...