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

July 10, 2022 00:09:48
Episode Cover

After Central Banks - What? [Podcast]

There was an outstanding piece from John Authers this week arguing that the Age of Credibility for Central Banks Is over as Inflation blunders...

Listen

Episode 0

July 18, 2020 00:36:23
Episode Cover

Making Super "Super" Again! [Podcast]

An important discussion with Steve Mickenbecker, Group Executive, Financial Services & Chief Commentator at Canstar. Super is fraught with issues, which can squash returns....

Listen

Episode 0

January 13, 2020 00:12:26
Episode Cover

The Real Costs Of The Bushfires... [Podcast]

We look at the latest estimates for the costs of the bushfires, especially as they relate to tourism, and consider the problem of smoke...

Listen