…is an interest rate cut, says Greg Jericho.

On this episode of Dollars & Sense, Greg and Elinor discuss the latest wages data, the likely impact of Trump’s tariff policies on Australia, and why the Reserve Bank are running out of excuses not to cut interest rates.

This discussion was recorded on Thursday 14 November 2024 and things may have changed since recording.

Pre-order What's the Big Idea? 32 Big Ideas for a Better Australia now, via the Australia Institute website.

Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work // @GrogsGamut

Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @ElinorJ_L

Show notes:

‘It’s time for the RBA to admit its fears of a wage-price spiral were misguided – and cut interest rates’ by Greg Jericho, Guardian Australia (November 2024)

How Governments Can Help with the Cost of Living, the Australia Institute’s Policy School

Theme music: Blue Dot Sessions

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