Inflation seems to be under control…what now?
The latest CPI figures show inflation has fallen, hopefully putting an end to interest rate rises for the moment. But does that mean the economy is healthy now, or is there more to it?
Greg Jericho is Chief Economist at the Australia Institute and the Centre for Future Work and popular columnist of Grogonomics with Guardian Australia.
In Dollars & Sense, each week, Greg Jericho will dive into the latest economic figures, and explain what they can tell us about what’s happening in the economy, how it will impact you and where things are headed.
Recorded on Thursday 2nd February 2024. Follow us on Twitter and Instagram or visit our website.
Subscribe to Between the Lines, the Australia Institute’s fortnightly-ish newsletter.
Host: Greg Jericho, Chief Economist, the Australia Institute and Centre for Future Work
Producer: Jennifer Macey
Theme Music: Blue Dot Sessions
Between the Lines Newsletter
The biggest stories and the best analysis from the team at the Australia Institute, delivered to your inbox every fortnight.
You might also like
When targeting inflation, the RBA misses more often than it hits
With the fight against high inflation now over, will the Reserve Bank fail to learn the lessons of the past and allow inflation to fall below 2%?
Fearful and frozen: Why the Reserve Bank continues to err on rates
The RBA’s failures have real consequences. It should go back and closely reread the recommendations of the RBA review, particularly the ones that encourage it to open up to new and diverse viewpoints.
Corporate profits increase inflation | Fact Sheet
The prices of many goods and services have increased dramatically across Australia since 2021. This has resulted in hardship for many households—along with $100 billion in increased profits for major companies. These corporate profits have been a key factor driving inflation.