Our economy seems to be faring better than our neighbour across the Tasman. 

The International Monetary Fund has issued a stark outlook for the Australian economy, as it’s dealing with some of the worst inflation in the developed world. 

It’s forecasting GDP growth of just 1.6% next year, and the biggest rise in unemployment among developed economies – going from 4.4% to 4.7%.  

ANZ Chief Economist Sharon Zollner told Mike Hosking in growth terms, particularly compared to Australia, we look great. 

She says we’re growing out of a hole, with 2.6% growth coming off a weak period, compared to their 2.1% off the back of a quite strong period of growth. 

LISTEN ABOVE 

Our economy seems to be faring better than our neighbour across the Tasman.&nbsp;
The International Monetary Fund has issued a stark outlook for the Australian economy, as it’s dealing with some of the worst inflation in the developed world.&nbsp;
It’s forecasting GDP growth of just 1.6% next year, and the biggest rise in unemployment among developed economies – going from 4.4% to 4.7%. &nbsp;
ANZ Chief Economist Sharon Zollner told Mike Hosking in growth terms, particularly compared to Australia, we look great.&nbsp;
She says we’re growing out of a hole, with 2.6% growth coming off a weak period, compared to their 2.1% off the back of a quite strong period of growth.&nbsp;
LISTEN ABOVE&nbsp;

Open your mind to the world with New Zealand’s number one breakfast radio show.

Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.

The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more.

The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show. Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda. The sharpest voice and mind in the business, Mike drives strong opinion, delivers the best talent, and always leaves you wanting more. The Mike Hosking Breakfast always cuts through and delivers the best daily on Newstalk ZB.

Open your mind to the world with New Zealand’s number one breakfast radio show.Without question, as New Zealand’s number one talk host, Mike Hosking sets the day’s agenda.The sharpest voice and mind in the business, Mike drives strong opinion,...

The Mike Hosking Breakfast

Sharon Zollner: ANZ Chief Economist on the IMF's warnings about Australia's economy and inflation, comparison with New Zealand

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/3e63090e-4b50-4cfc-a177-b4e2014c89c8/transcript