SBS News In Depth
Australia’s economy grows, but rate rise risks remain artwork

Australia’s economy grows, but rate rise risks remain

SBS News In Depth
14:24
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Show notes

Australia’s economy grew 0.4 per cent in the June quarter, but Westpac senior economist Ryan Wells explains why weak productivity and inflationary labour costs could still bring another interest rate rise. Plus, Perpetual Head of Investment Strategy Matt Sherwood breaks down the Australian sharemarket’s 1 per cent fall as rising oil prices reignited global inflation concerns.

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