Are we in an economic slowdown?

Are we in an economic slowdown?

From ABC Business Daily by ABC Australia

June 3, 2026 · 20 min

About this episode

The episode discusses the implications of Australia's economic slowdown and its effects on interest rates and wage hikes.

New data shows Australia’s economy was already slowing the first three months of the year, before the full impact of a series of interest rate hikes and the war in the Middle East washed through. So what does this slowdown mean for the outlook for interest rates? And what will the Fair Work Commission's wage hike mean for Australia's workers? Carrington Clarke and ABC Business Reporter Steph Chalmers break it all down on ABC Business Daily. Catch up on today's Fuelcast here. Got a burning business question? Send a short voice recording to Carrington and the team at abcbusinessdaily@abc.net.au

People in this episode

Host: Carrington Clarke

Guest: Steph Chalmers

Topics covered

  • economic slowdown
  • interest rates
  • wage hike
  • Australia's economy
  • Fair Work Commission

Keywords

  • economic slowdown
  • interest rates
  • Australia
  • Fair Work Commission
  • wage hike
  • Carrington Clarke
  • Steph Chalmers

Mentioned in this episode

Organizations: ABC Business Daily, Fair Work Commission

Places: Australia

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