#265 - Why Australia’s Economy’s Stuck in Decline cover art

#265 - Why Australia’s Economy’s Stuck in Decline

#265 - Why Australia’s Economy’s Stuck in Decline

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In this episode, we dive into the challenges facing our economy, particularly the ongoing per capita recession marked by seven consecutive quarters of decline. The host discusses the necessity of addressing problems head-on, whether in business, relationships, or national politics. Key insights include the importance of making difficult decisions during tough times and the current lack of leadership in addressing economic issues. The episode highlights two primary reasons for the recession: low productivity and an increase in population, which affects economic metrics. Tune in for a candid exploration of these pressing topics and the implications they have for our future.

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Timestamps

[00:00:00] Introduction

[00:01:02] Per capita recession causes.

[00:03:19] Immigration and unemployment connection.

[00:06:12] Government jobs and productivity.

[00:10:12] Migration's impact on the economy.

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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.