Bank Troubles Abroad: How will Australia be affected?
Making Money Easy
English - March 19, 2023 01:00 - 18 minutes - 16.5 MB - ★★★★★ - 1 ratingBusiness News News Business Investing Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Did you get a whiff of some banks overseas being in trouble and then see sharemarkets react? This episode explains what's going on and why investors get jittery. Plus, what does it mean for Australia's banks and economy. We take a look at the nation's productivity and why it's on the agenda. Is it possible to work any harder, what's getting in the way of being more productive and what happens if we don't. Plus, the February unemployment figure is out - it's back at a record low, so will that mean a rate hike or is a PAUSE still on the cards at the next Reserve Bank Board meeting. CommBank Senior Economist Kristina Clifton and Westpac Group Economist Jameson Coombs join Gillian to explain.
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