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

November 21, 2024 00:29:33
Episode Cover

Age Control Sledgehammer To Crack Online Safety Nut?

As expected, Australia’s communications minister Michelle Rowland has now introduced a world-first law into Parliament today that would ban children under 16 from social...

Listen

Episode 0

December 14, 2023 00:12:05
Episode Cover

Do We Have A FED Pivot Now Then?

Is a great monetary pivot near as central bankers engineer a once-unthinkable soft landing in the world’s largest economy. It seems, finally, and for...

Listen

Episode

February 02, 2024 01:07:07
Episode Cover

The Premiers Are Revolting – And In Rebellion!

An important discussion with Robbie Barwick from the Australian Citizens Party, about democracy, the role of the Reserve Bank, and use of cash, as...

Listen