Saul Eslake on falling inflation and when interest rates might finally come down

Saul Eslake, an independent economist, shares insights on Australia's inflation challenges. He discusses the recent drop in inflation rates and how it aligns with global trends. Saul delves into the Reserve Bank's balancing act between curbing inflation and supporting employment. He highlights the impact of supply and demand, particularly in the housing market, and the lingering effects of COVID policies on the economy. Additionally, he tackles the complexities of government subsidies and their role in shaping consumer confidence.