On today’s Wealth & Wisdom podcast, we’re unravelling the complexities of economics and finance. With esteemed economist, Saul Eslake, we pull back the curtain on the world of inflation and interest rates. With over four decades of experience in Australian financial markets, Saul's insights are invaluable.
Saul gives us the lowdown on what’s really happening within the Aussie economy compared to global standards. And with the majority of us feeling the pinch from rising costs, Saul breaks inflation down into simple terms, explaining why we're so far from 'normal' and shedding light on the alarming concept of a ‘per capita recession’.
We also put interest rates under the microscope. As such a crucial factor, especially rural producers with their sensitivity to rate changes, Saul offers his expert opinion on where we stand in the cycle and whether we can expect any relief soon.
Tune in with Ben and Saul for a stimulating discussion about the current economic landscape.