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Brad Olsen: Infometrics Principal Economist on the economic difficulties in Australia
Manage episode 507915653 series 2098285
Economic difficulties across the ditch appear to echo the struggles felt in many New Zealand households.
The Reserve Bank of Australia has delivered a brutal reality check to the nation on the cost of living, as it expects the situation to worsen.
It warns prices will never return to pre-pandemic levels.
Infometrics Principal Economist Brad Olsen told Mike Hosking it's the same story here.
He says it would be a sign of very tough economic times if businesses were cutting their prices so drastically.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
7915 episodes
Manage episode 507915653 series 2098285
Economic difficulties across the ditch appear to echo the struggles felt in many New Zealand households.
The Reserve Bank of Australia has delivered a brutal reality check to the nation on the cost of living, as it expects the situation to worsen.
It warns prices will never return to pre-pandemic levels.
Infometrics Principal Economist Brad Olsen told Mike Hosking it's the same story here.
He says it would be a sign of very tough economic times if businesses were cutting their prices so drastically.
LISTEN ABOVE
See omnystudio.com/listener for privacy information.
7915 episodes
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