What Role Should Fiscal Policy Play?

Yesterday the RBA left interest rates on hold, with many economists still tipping another cut next year.

But as Warren Hogan - Managing Director of EQ Economics, and Economic Advisor at Judo Bank - explains to Sean Aylmer, there has been a major shift in Australia's demographics that mean our economic models are no longer accurate. As a result, the next move in rates might be up, not down.

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