Interest rates may still be rising and mortgage holders are yet to feel the full pain of them but this week’s expert still believes Australia is the best place to be right now. In this one-on-one with CommBank Chief Economist Stephen Halmarick, we explore the latest Reserve Bank rate hike, the financial strain coming for Australians and what major economies are heading for recession next year. Prices-wages spiral - do you know what that is? It’s on the RBA’s radar. We find out what it is and how Australia can avoid it. Plus Stephen has written his own list on what needs to change at the RBA to make it better for us all. Find out what he thinks the pending RBA review should roll out. Find out more about Gillian here.

Interest rates may still be rising and mortgage holders are yet to feel the full pain of them but this week’s expert still believes Australia is the best place to be right now. In this one-on-one with CommBank Chief Economist <a href="https://www.linkedin.com/in/stephen-halmarick-686a582a">Stephen Halmarick</a>, we explore the latest Reserve Bank rate hike, the financial strain coming for Australians and what major economies are heading for recession next year. Prices-wages spiral - do you know what that is? It’s on the RBA’s radar. We find out what it is and how Australia can avoid it. Plus Stephen has written his own list on what needs to change at the RBA to make it better for us all. Find out what he thinks the pending RBA review should roll out. Find out more about Gillian <a href="https://linktr.ee/GillianHBowen">here</a>.

Hosted and created by Senior Finance Reporter Gillian Bowen, Making Money Easy looks at finance and economic news and, with the help of some prominent economists and experts, breaks it down to what you need to know. The discussions in this podcast do not refer to your individual circumstances and do not give individual financial advice. You should seek your own independent advice, relevant to you, when making financial decisions.

Hosted and created by Senior Finance Reporter Gillian Bowen, Making Money Easy looks at finance and economic news and, with the help of some prominent economists and experts, breaks it down to what you need to know...

Making Money Easy

Why you’d rather be in Australia right now

We'e got the latest data on consumer prices. So what's going up and what's coming down? And how does all this play into the September RBA interest rate decision. It's a big month - it's the last time Governor Philip Lowe will be in charge before he hands over the top job to Michele Bullock. We take a look at what she's likely to focus on and just how big the job ahead is. On the list: inflation, implementing changes from the RBA Review and climate change to name a few. We've packed a lot into 16 minutes! CommBank Senior Economist Belinda Allen joins Gillian to discuss.

We'e got the latest data on consumer prices. So what's going up and what's coming down? And how does all this play into the September RBA interest rate decision. It's a big month - it's the last time Governor Philip Lowe will be in charge before he hands over the top job to Michele Bullock. We take a look at what she's likely to focus on and just how big the job ahead is. On the list: inflation, implementing changes from the RBA Review and climate change to name a few. We've packed a lot into 16 minutes! CommBank Senior Economist <a href="https://www.linkedin.com/in/belinda-allen-1b322134/">Belinda Allen</a> joins <a href="https://www.linkedin.com/in/gillian-bowen-7b310215b/">Gillian</a> to discuss.

Cost of living check in ahead of rates decision

The latest Intergenerational Report is out. It's a large document released by Treasury which projects the outlook of the economy and the Australian Government's budget. The 2023 report looks ahead to 2062-63. This episode goes through the key takeaways (your tax future, your superannuation future, your working future, your old age future, your climate change future) and the predicted impacts on the lives of Australians in the decades to come. Some of the scenarios are 'big, dark and scary'. So what can be done now to make a better future? As always - it's a spirited discussion when Gillian has on finance and money commentator, author and head of strategy at InvestSmart, Evan Lucas.

Read The Intergenerational Report

The latest Intergenerational Report is out. It's a large document released by Treasury which projects the outlook of the economy and the Australian Government's budget. The 2023 report looks ahead to 2062-63. This episode goes through the key takeaways (your tax future, your superannuation future, your working future, your old age future, your climate change future) and the predicted impacts on the lives of Australians in the decades to come. Some of the scenarios are 'big, dark and scary'. So what can be done now to make a better future? As always - it's a spirited discussion when <a href="https://www.linkedin.com/in/gillian-bowen-7b310215b/">Gillian</a> has on finance and money commentator, author and head of strategy at InvestSmart, <a href="https://www.linkedin.com/in/evan-lucas-44a25316/">Evan Lucas</a>.
Read <a href="https://treasury.gov.au/publication/2023-intergenerational-report">The Intergenerational Report</a>

A possible future - it's a bit 'big, dark and scary'

There's been a slight increase in the number of unemployed people (36,000 people) but there's also slight positive. Putting up interest rates while unemployment is worsening, is unlikely to sit right with the Reserve Bank. The economists this episode explain why. We also examine the latest average weekly earnings. They're on the rise. So which state is performing best? Which job? And women are ticking ahead - we reveal why. With jobs and earnings data now to consider - we explain what's likely to happen at Philip Lowe's last RBA board meeting as Governor. AMP Australia Deputy Chief Economist Diana Mousina and St George Bank Senior Economist Jarek Kowcza join Gillian for this look under the economic hood.

There's been a slight increase in the number of unemployed people (36,000 people) but there's also slight positive. Putting up interest rates while unemployment is worsening, is unlikely to sit right with the Reserve Bank. The economists this episode explain why. We also examine the latest average weekly earnings. They're on the rise. So which state is performing best? Which job? And women are ticking ahead - we reveal why. With jobs and earnings data now to consider - we explain what's likely to happen at Philip Lowe's last RBA board meeting as Governor. AMP Australia Deputy Chief Economist <a href="https://www.linkedin.com/in/diana-mousina-5a22442b/">Diana Mousina</a> and St George Bank Senior Economist <a href="https://www.linkedin.com/in/jarekkowcza/">Jarek Kowcza</a> join <a href="https://www.linkedin.com/in/gillian-bowen-7b310215b/">Gillian</a> for this look under the economic hood.

Why you’d rather be in Australia right now

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