LVO talks jobs, interest rates, rental market and immigration on Radio 2GB

Below is a 10 minute interview I gave last night on Money News with Luke Grant.

The interview begins at 4.50 and discusses:

• Yesterday’s August labour force data from the ABS and why it won’t prevent the RBA from hiking interest rates.
• Why the inherent lags in monetary policy means the RBA is ‘flying blind’ on rate hikes and risks going too far, pushing the economy toward recession.
• How Australia’s rental market and labour market will be smashed by the Albanese Government’s mass immigration madness, which is an “inequality disaster in the making”.
• How Australian and Canada are in a ‘race to the bottom’ in pursuing mass immigration.

Unfortunately, the phone sound quality was average. Next time I will fire up my high-end PC microphone.