Monday, June 19, 2023

Strong jobs growth means the economy is resilient despite rising recession fears

It might not feel like it, but Australia's economy looks resilient enough to withstand a looming downturn that might trigger a recession by the end of the year.

That's the optimistic view from Treasurer Jim Chalmers who's pointed to strong surprising strong jobs growth - even though that force more interest rate rises.

Also what about the future of Reserve Bank governor Philip Lowe whose term expires in September? 

Will Treasurer Jim Chalmers reappoint him?

I speak on AM with Sabra Lane

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