Over in Australia, unemployment is on the rise and wages haven't kept up with inflation, leaving many to wonder if the trans-Tasman dream is at risk.

The Australian unemployment rate has reached 4.7 percent, and one expert has warned the nation is on track to have the largest increase in unemployment in the developed world over the next year.

 HSBC chief economist Paul Bloxham says disposable incomes haven't risen - and Australia's in a 'challenging' spot.

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Over in Australia, unemployment is on the rise and wages haven't kept up with inflation, leaving many to wonder if the trans-Tasman dream is at risk.
The Australian unemployment rate has reached 4.7 percent, and one expert has warned the nation is on track to have the largest increase in unemployment in the developed world over the next year.
&nbsp;HSBC chief economist Paul Bloxham says disposable incomes haven't risen - and Australia's in a 'challenging' spot.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.

Best of Business

Paul Bloxham: HSBC chief economist on whether the 'Australia dream' is fading

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/6bebfd4f-38f5-40f0-9122-b4e90071611d/transcript