Ian Verrender

Ian Verrender, ABC's Chief Business Correspondent, explores Australia's troubling productivity woes. He dives into the surprising shift from automatic to hand car washes, linking it to immigration policies. Verrender discusses how these changes reflect broader economic trends. The conversation challenges the notion that productivity must always precede wage increases, suggesting that higher wages could actually drive productivity. He also highlights critical factors such as population growth and property dynamics that were overlooked in recent economic discussions.

In this discussion, Ian Verrender, ABC's chief business correspondent and senior economics commentator, dives into Australia’s red-hot housing market. He reveals how skyrocketing property prices are forcing the financial regulator to clamp down on risky lending practices. Ian analyzes the impact of interest rates on affordability, the effects of the 5% deposit scheme on home values, and APRA's new lending limits aimed at investors. He also addresses the social implications of high prices, including generational inequality and parental support in home buying.

Ian Verrender, ABC's chief business correspondent, dives into the economic landscape with fascinating insights. He discusses the recent drop in interest rates and whether we've truly achieved a 'soft landing' after the pandemic. Verrender highlights how Donald Trump's global influence could disrupt these positive trends. The conversation also tackles the implications of interest rate cuts on households and employment, as well as the ongoing challenges posed by tariffs and inflation in the wake of Trump's policies.

Ian Verrender, ABC's Chief Business Correspondent, dives into the soaring valuations of AI-driven tech stocks. He highlights the impressive rise of companies like NVIDIA and their $5 trillion valuation, fueled by expectations of future growth. Verrender contrasts today’s thriving AI landscape with the dot-com bubble, emphasizing sustainable profits. He discusses investor confidence and the massive infrastructure spending driving this boom. As he navigates the concerns of a potential market correction, he questions whether we’re in a bubble or witnessing a significant tech transition.

Ian Verrender, ABC's Chief Business Correspondent, dives into the tumultuous world of stocks and tariffs. He explains how Trump's import tariffs are sending shockwaves through global markets, particularly impacting China and Australia. The discussion reveals a troubling decline in investor confidence and hints at a possible looming recession. Verrender also unpacks the complexities of navigating economic uncertainty amid rising populism and trade tensions, emphasizing the potential long-term consequences on markets and economies worldwide.