John Adams & Martin North: Parliament Nervous As Australia’s Economic Illusion Begins To Crack

Economic data coming out of Australia is very weak and across the board. Join John and Martin as they discuss the latest cracks in the economic illusion…

by John Adams from Adams Economics

Adams & Martin North discuss the economic data of the week which were very bad across the board.
There are concerns within Australia’s Parliament that the Government’s economic narrative will not be sustained between now and the next federal election.
Adams/North discuss various levels of economic confidence between different cohorts of Australian households. The basic political problem the Australian Government has is that they are playing to approximately 33% of all households on the economic front.
There is just not enough of these people for the Government to sustain their rosy upbeat economic assessment and win a general election (which is coming in May 2019) on the economy.