National Australia Bank chief executive Ross McEwan has welcoming the deal struck by National Cabinet to ease the housing supply crisis. Mr McEwan is on the road on northern NSW where he says businesses are struggling to attract workers because there's not enough rental accommodation. Ross McEwan speaks with ABC's Peter Ryan.

Reporter: Senior Business Correspondent Peter Ryan

Featured: Ross McEwan, chief executive, National Australia Bank

There are growing concerns about the health of China's economy amid almost daily evidence that a deep downturn is underway.

The worries have been exacerbated by a decision by authorities in Beijing to stop releasing data on youth unemployment after months of skyrocketing increases.

ASIC cracks down on insurers; Amazon Australia country manager Janet Menzies on consumer trends by Peter Ryan

Corporate regulator ASIC has told Australia's biggest insurance companies to lift their game on the handling and assessment of claims. The shot across the bows comes as consumers face surging premiums from extreme weather events. Also a survey by Amazon Australia says cost of living pressures are forcing consumers back into traditional stores as they shop around comparing with online offers to get the best deal. ABC's Peter Ryan speaks with Amazon Australia country manager Janet Menzies.

Reporter: Senior Business Correspondent Peter Ryan

Featured: Janet Menzies, country manager, Amazon Australia

The Reserve Bank board has warned another interest rate rise is possible this year if inflation remains stubbornly high and fails to slow in line with forecasts. But in decidedly dovish minutes from the RBA's most recent meeting, it's now increasingly clear the pain from the 12 rate rises since May last year is working to slow the economy and cool inflation. Peter Ryan reports from RBA headquarters.

There are growing signs that consumers are pulling back under the weight of Reserve Bank interest rate rises and the surging cost of living. The chief executive of the electronics retail JB Hi FI has told AM there's "heightened uncertainty" with a new survey showing consumer spending is in "outright decline" in Australia's two biggest states.

Reporter: Senior Business Correspondent Peter Ryan

Featured: Terry Smart, chief executive, JB Hi Fi

Throughout the pandemic, demand for high speed interest went through the roof as Australians were ordered to work from home.

But now - as more people creep back to the office - the demand is still there with baked-in expectations from consumers and businesses for high speed bandwidth.

The ABC's senior business correspondent Peter Ryan has been speaking with the chief executive of the National Broadband Network Stephen Rue.

Regrets - I've had a few. Philip Lowe says he wishes he understood the pandemic better. by Peter Ryan

Outgoing Reserve Bank governor Philip Lowe has warned inflation remains a major risk, repeating the Board will do "what it takes" to rein it in. Mr Lowe also noted household pain from surging interest rates and concerns that consumer spending could slow more than forecast.

Reporter: Senior Business Correspondent Peter Ryan

Featured: Philip Lowe, Reserve Bank governor

Philip Lowe will face his final parliamentary grilling as Reserve Bank governor later today. Mr Lowe's troubled term comes to an end next month after a review into the central bank recommended an overhaul. Mr Lowe's departure is against a backdrop of public anger from twelve interest rate rises since May last year.

Reporter: Senior Business Correspondent Peter Ryan

Featured: Warren Hogan, economic adviser, Judo Bank