James Thompson
speaker
6,026 appearances
19 recordings
2 series
first heard Apr 2026
last heard 2d ago
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 — 19 in all, peaking in Jul 2026 with 5.
Appearances
Unfortunately, we're in this position where that's bad news because it says the economy is hitting its speed limit and
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As the economy grows too fast, even though it's not growing that much, I mean we're talking about two point one percent over the last year, even at that level, the economy's growing too fast and that's bringing on more inflationary pressures.
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Why?
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I don't know if you saw the productivity numbers, Anthony.
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Productivity went backwards in the last twelve months.
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We are literally working harder to produce less output on average.
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I mean, that's embarrassing.
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So I I think we we do end up for this period, the next little period, we're gonna have probably another rate rise.
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It's almost universally accepted.
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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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Showing 1121–1140 of 6,026 · page 57 of 302
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