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.

Ian Verrender, ABC’s Chief Business Correspondent, offers insights into the shifting dynamics of Australia's housing market. He highlights the impact of interest rate hikes since May 2022, leading to slight price drops in Sydney and Melbourne. Despite this, many prices remain near record levels. Verrender discusses how population growth affects demand and the affordability crisis faced by buyers. He warns that future interest rate cuts could spark renewed demand, possibly driving prices up again, making the housing landscape a complex one.

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 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.

In this discussion, Ian Verrender, ABC's Chief Business Correspondent, breaks down Trump's controversial trade policies. He explains the recent 15% tariff deal with the EU and its unexpected repercussions for global trade dynamics. Verrender delves into how these tariffs could disrupt Australian consumers and businesses, alongside potential impacts on public health due to proposed pharmaceutical tariffs. He also highlights the complexities of navigating this shifting landscape and what it means for Australia's future trade relationships, particularly with China.