Property Investment, Success & Money | The Michael Yardney Podcast cover image

13 things to know about the Australian economy right now, with Ken Raiss

Property Investment, Success & Money | The Michael Yardney Podcast

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Is the Wage Price Spiraling Outwards?

Private sector wage rose by 3.4%. That's certainly the highest in nearly a decade, and we're just seeing the beginning of that at the moment. The Chinese economy is certainly being dampened for a number of reasons. We've had our goods were made a little bit harder to get into China. But there's other parts of Southeast Asia where our goods are going. It'll be interesting to see what happens in this next quarter with the Christmas holidays.

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