Deloitte Access Economics’ Dr Pradeep Philip says he believes Australia’s inflation will have peaked in December of 2022.
ThisisNotJournalism
Wow. The economy must not have got the memo yet.
Ripper, I’ll start my price watch for the return to normal.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Retail spending cutback just around the corner: DeloitteA pullback in retail spending will happen first in lower income households and may have already arrived, says Deloitte Access Economics.
Source: FinancialReview - 🏆 2. / 90 Read more »
Retail spending cutback just around the corner: DeloitteA pullback in retail spending will happen first in lower income households and may have already arrived, says Deloitte Access Economics. According to stock performance in the last 6 months. It is already happening. Long Myer / Cettire, short The Reject Shop / Baby Bunting.
Source: FinancialReview - 🏆 2. / 90 Read more »
Falling house prices, rising interest rates, possible recession: Australians are being warned of a bleak yearDeloitte Access Economics warns Australia could fall into a recession if the central bank lifts interest rates again as households are already hurting. No action from our treasurer. auspol Auspol2023 What about IT&T and other jobs. Outsourcing/insourcing/work&skilled&business visa/Regional&state sponsored visa. Companies must pay monthly fees to govt for work&business visa. Why work visa is staying for so many years?immigration must publish all visas/companies/salary data. The damage was done when the Liberals handed out hundreds of billions of dollars to people who didn't even need it, including to companies who were making record profits, and in support of luxury industries that should've been thinned-out. & it was made worse by a slow to act RBA
Source: SBSNews - 🏆 3. / 89 Read more »
JB Hi-Fi posts record December-half sales, earnings but outlook splitMarket watchers are wondering how long the spending will last, and what it all means for the future of the nation’s largest consumer electronics player.
Source: FinancialReview - 🏆 2. / 90 Read more »
Arizona’s new attorney general to use election fraud unit to boost voting rightsDemocrat Kris Mayes will repurpose unit created by Republican predecessor to focus on protecting voting access Boost voting rights = institutionalise election fraud. Rights don’t get boosted. You can either deliver them or you can’t
Source: GuardianAus - 🏆 1. / 98 Read more »
If Australia tips into recession it would be a ‘pretty mild one’Economists are warning Australia could tip into a recession this year if the Reserve Bank of Australia keeps raising rates. Deloitte Access Economics partner Stephen Smith says it would take some further increases in the interest rate from the RBA to tip Australia into a recession. “If that did happen, it would be a pretty mild one,” Mr Smith told Sky News Australia. “We’re expecting economic growth – quarterly economic growth through 2023 of sort of 0.3 - 0.4 per cent per quarter.” Why are interest rates rising, because of inflation, why continuing inflation, because of the continued migration and influx of foreign capital. Every person pays for every migrant these days.
Source: SkyNewsAust - 🏆 7. / 78 Read more »