Rate cuts are overdue | Alan Kohler | ABC News

Описание к видео Rate cuts are overdue | Alan Kohler | ABC News

After a fall in unemployment, the likelihood of a rate cut in the coming months has now diminished. But Alan Kohler argues that rate cuts are overdue. Going through the recent economic data, he shows that per capita income and consumption is falling. ”The bottom line is that is although GDP is still growing a bit, Australia is already in recession,” Kohler says. Except it’s a personal one, a family recession perhaps. Subscribe: http://ab.co/1svxLVE
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