Nicki Hutley

In this discussion, economist Nicki Hutley breaks down the financial turmoil stirred by Donald Trump's tariffs. She highlights the looming interest rate cuts and the devastating market plummet that wiped out over $160 billion from the ASX. Hutley identifies the winners and losers in this economic chaos, emphasizing how different demographics, especially retirees versus younger households, are affected. The conversation also touches on the potential recession and the implications of protectionist policies on consumer welfare and economic stability.

In this discussion, independent economist Nicki Hutley analyzes Australia’s slow GDP growth, marking the weakest performance since the early ’90s. She delves into the possible implications of a recession, emphasizing the structural weaknesses in the economy heightened by increased interest rates. Hutley highlights the critical roles of skilled migration and productivity enhancements in reviving growth. The conversation also touches on the importance of responsible AI regulations amidst economic challenges. Tune in for expert insights on navigating these turbulent economic waters!