Former RBA economist Adam Crichton warned that surging government spending and a "dunce cap" energy policy have left Australia with the highest inflation in the developed world. 

He argued that without a radical shift toward productivity and growth, young Australians face a future of dwindling living standards similar to the long-term decline of Argentina.

Former RBA economist Adam Crichton warned that surging government spending and a "dunce cap" energy policy have left Australia with the highest inflation in the developed world. 
He argued that without a radical shift toward productivity and growth, young Australians face a future of dwindling living standards similar to the long-term decline of Argentina.

4BC Drive, live every weekday afternoon. With the latest news, 4BC will keep you updated on your drive home.

4BC Drive, live every weekday afternoon. With the latest news, 4BC will keep you updated on your drive home.

4BC Drive with Gary Hardgrave

Former RBA Economist slams Federal spending for triggering global-first rate hike

https://api.omny.fm/orgs/88b564ea-a9a6-4751-910a-a5d800019396/clips/5f21a565-a48d-4875-93f1-b3e6007b9422/transcript