Michael Reddell: Former Reserve Bank economist says GDP figure could be revised

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Recorded15 Dec 2022

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Fears a positive economic result could yield a negative one down the track. Our GDP grew two percent in the three months to September, blowing most economist predictions out of the water. But former Reserve Bank economist Michael Reddell says he's suspicious of the result and wonders if it will be revised to a lower rate. He told Tim Dower it could be a problem next year. Reddell says it will increase the chances of a recession next year, because the Reserve Bank will have to act more strongly to tackle inflation. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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