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Was that their key economic pledges were actually quite similar between the major parties, and a lot of them focusing on populist measures. we do expect these to be temporary, so it would temporarily push the fiscal deficit, but it won't be a permanent one. that's good and bad in the sense that the financing costs might be manageable, but it won't necessarily change the growth path in any significant way in the medium—term. despite the wide political differences that we see between parties, what was striking was that their key economic pledges were actually quite similar between the major pa...

Parties, and a lot of them focusing on populist measures. we do expect these to be temporary, so it would temporarily push the fiscal deficit, but it won't be a permanent one. that's good and bad in the sense that the financing costs might be manageable, but bad because it won't necessarily change the growth path in any significant way in the medium—term. and these measures could actually be at the expense of more public investment, which in our view is key to lift up growth in the medium—term. following calls from health organisations and medical professionals, australia is set to ban rec...

Won't necessarily change the growth path in any significant way in the medium—term. and these measures could actually be at the expense of more public investment, which in our view is key to lift up growth in the medium—term. following calls from health organisations and medical professionals, australia is set to ban recreational vaping in the country as part of a major crackdown on what experts have called an epidemic. that means vape products can only be sold with a prescription. the new measures need to pass parliament before becoming law but, as phil mercerfinds out, there are fears th...

Sense that may be the financing cost might be manageable, bad because it won't necessarily change the growth path in any significant way in the medium—term. and these measures could actually come at the expense of more public investment which in our view is key to lift up growth in the medium—term. our view is key to lift up growth in the medium-term.— our view is key to lift up growth in the medium-term. thanks for “oining us on the programme. * the medium-term. thanks forjoining us on the programme. following - the medium-term. thanks forjoining| us on the programme. following calls ...

10% fall in the world gdp, with massive variation around that by economy. the world did recover from that, the level of activity got back to where it was, but we never got back to the growth path that we were on before the pandemic. and then the war on ukraine came along and caused prices to rise further. we had already seen big supply shortages during the pandemic, which were pushing up prices, and then with the war, energy prices rose as well. inflation rose even further, causing the cost of living squeeze to tighten and forcing central banks to raise interest rates, adding to the headwinds ...