Stephen Koukoulas
speaker
2,355 appearances
24 recordings
2 series
first heard Apr 2026
last heard 4d ago
Stephen Koukoulas’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 — 24 in all, peaking in May 2026 with 6.
Appearances
So, in a sense, it's uh it's a good news story.
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I prefer the economy be growing by two percent than shrinking by two percent.
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And that's something that the RBA is going to be dealing with as they look at it.
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So long-winded answer, as I'm prone to do.
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Let's go for the quarter of a point rate hike in uh late September.
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And just sort of take a step back and wait for that run of inflation news to show better news on uh decelerating inflation.
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What cost of living crisis?
Um, and I don't mean that flippantly necessarily, but the to me, while the inflation numbers, yes, they surprised on the high side, and yes, inflation's not falling to the extent that we would like it, and certainly the to the extent that the Reserve Bank would like.
So annual headline inflation 3.5, trimmed mean 3.6.
They're still a long way from the two and a half percent that the RBA wants to see.
And while there's you know a few little signs that inflation will track a bit lower, will it get to the midpoint of the target band soon or is it later?
And do we need, as you alluded to, um, need another nudge from the Reserve Bank with an interest rate hike to make sure that it does get there?
But to me, the the the biggest shock argument.
was the household spending numbers.
Up one percent in July, up seven percent through the year.
And the interesting sort of subset of those numbers is that okay, spending on essentials, by definition, continues to track along at a at an okay pace.
Spending on discretionary items, so that's nice to do things, holidays and restaurants and cafes is booming.
So we we d all of it the so the numbers are completely at odds with the consumer sentiment numbers, which remain pretty weak.
Um, but the household spending numbers were really pointing to the economy.
And the household sector, which is over half of the economy, performing way better than anybody anybody was thinking.
Showing 261–280 of 2,355 · page 14 of 118
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