Super Tuesday: Confidence, household spending and income support in Australia

In this podcast with Stephen Halmarick, Chief Economist and Belinda Allen, Senior Economist an update on CBA Household Spending Intentions in June is provided which gives a great benchmark for household behaviour pre recent coronavirus cases in Victoria. Stephen and Belinda also discuss what the weekly card spend data is showing in July so far and an update on what we are seeing in Victoria. RBA Governor Philip Lowe has spoken about the importance of confidence and where RBA policy can and can’t go from here. Stephen also shares his thoughts on the extension to JobSeeker and JobKeeper and what we can expect from the July Economic and Fiscal Update on 23 July.

 

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