Video: State of the Australian economy

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13 September, 2022

Video: State of the Australian economy

By: Carlos Cacho, Director, Equity Research.

A slowdown in consumer spending or economic growth is nowhere to be seen in Australia, despite its Reserve Bank increasing the cash rate to its highest level in seven years and house prices declining.

In this latest episode of the 'State of the Economy' series, Jarden Australia Chief Economist, Carlos Cacho, discusses when higher costs could impact Australian households.

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Following the Reserve Bank of Australia’s surprise rate rise, Jarden expects the cash rate to reach 2.5 per cent by the end of this year, adding to pressure on households and weighing on national economic growth.

By: Carlos Cacho, Director, Equity Research.