Daniel Ziffer
speaker
2,266 appearances
25 recordings
3 series
first heard Apr 2026
last heard 9 Sep
Daniel Ziffer’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 25 in all, peaking in Jul 2026 with 14.
Appearances
How does this data play into
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the kind of overall picture of the economy that the RBA Governor, Michelle Bullock, laid out in a speech she made in Sydney yesterday?
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I think sometimes we forget about that lag.
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We're so used to seeing the fuel price kind of go up, written in neon, when interest rate hikes occur, consumer spending stops very quickly.
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But actually, there is an immensely long lag for the impact of those higher interest rates
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through increased repayments and reducing the amount of money that people have available.
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So whilst we've had these hikes and we've gone up, we're probably still waiting to see that come down through the economy.
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Before we leave, Steph, listener Louise wrote in with a great question after our conversation on the pod last week, where we discussed the survey results from the RBA that suggested many Australians believe interest rate increases have an inflationary effect on the economy.
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Now, Louise unpacks that thinking.
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She says,
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If interest rates go up, a business's costs increase and profits reduce.
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Therefore, to maintain profits, a business increases prices and thus adds to inflation.
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So interest is a cost, no different from fuel and wages.
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Please explain to me why interest rate increases are not inflationary.
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Well, Louise, business editor Mike Yander asked Michelle Bullock almost this exact question yesterday.
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And Steph, what was the response?
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Well, if you, like Louise, would like to send in a question, you can email abcbusinessdaily at abc.net.au.
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I can't guarantee we'll get all of them.
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directly to Michelle Bullock, but we'll certainly do our best to answer them here as Steph has done.
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That's it for today's episode of ABC Business Daily.
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Showing 241–260 of 2,266 · page 13 of 114
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