15 Dec 2022

ANZ economist on recession predictions

From Morning Report, 7:46 am on 15 December 2022

The government is predicting a shallow recession in 2023, and planning for a Budget to help households struggling to cope with cost of living increases.

At the same time it's planning to drop its 25 cent per litre subsidy on petrol, and half price fares on public transport, which could hit people hard in the pocket.

ANZ senior economist Miles Workman spoke to Corin Dann.