James Thompson
speaker
5,677 appearances
18 recordings
2 series
first heard Apr 2026
last heard 18 Sep
James Thompson’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 — 18 in all, peaking in Jul 2026 with 5.
Appearances
Maybe there'll be two.
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And so we have this period where we get low growth, because we have to have low growth, and we get quite high inflation and quite high interest rates.
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Now, does the RBA have to whack the economy so hard that we get recession?
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I hope not.
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Geez, I hope not.
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That would not be fun for anyone.
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And as I said before, we haven't seen a slowdown outside of the pandemic where the slowdown lasted for all of about fifteen minutes.
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We haven't seen a slowdown in Australia for decades.
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People are not used to that.
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But the RBA is pushing against two really big forces, maybe three.
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Government spending doesn't care about interest rates.
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AI spending doesn't care about interest rates.
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And what we've seen from household spending there is a cohort of older, wealthier Australians, asset rich Australians, they don't really care about interest rates either.
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They're happy to keep spending.
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So the RBA is it's pushing it uphill.
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It's a really difficult.
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difficult position and I think you know we might see that bargain, if you can call it that, between stagflation and recession.
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I think that will be in the RBA's mind.
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Although I don't think Michelle Bullock will use those words.
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She's well away
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Showing 781–800 of 5,677 · page 40 of 284
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