Australian Finance Podcast cover image

10 ways to beat back inflation in 2023

Australian Finance Podcast

00:00

The Importance of Inflation

Inflation erodes the value of savings, put pressure on household budgets and hurts people on low incomes the most. The economy doesn't work well when inflation is high. It is harder for businesses to plan and people spend time protecting themselves against inflation rather than on more productive activities. If inflation becomes ingrained in expectations, it requires higher interest rates and a large increase in unemployment to get it back down again. So we need ways to solve that, Kate. And that's why we're here.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app