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

January 09, 2021 • 00:21:40

New Zealand Property - Away With The Fairies [Podcast]

We look at the “stupid” trajectory of New Zealand home prices, which are being stoked by poor Government policy and Central Bank intervention. Is...

Episode

June 16, 2024 • 00:23:05

Hello, I’m From The Government, And I’m Here To Help You! (Honest!!?)

It’s raining “announcables” at the moment, with interesting developments this past week on the housing and finance front as city, state and federal Governments...

Episode 0

June 04, 2021 • 00:51:02

The First Time Home Buyers Nightmare! [Podcast]

My latest discussion with Journalist Tarric Brooker (@AvidCommentator on Twitter) starts with a look at the fate of First Time Buyers, and explores some...