Government says falling house prices are no cause for alarm | 7.30
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There are stories everywhere you look about falling house prices but according to the government there's no cause for alarm. Elsewhere on the economy today there was modest good news, a slight increase in growth. But unless there is a significant lift in productivity, that growth could mean inflation stays high and the Reserve Bank will raise interest rates again. 7.30’s Sarah Ferguson interviews Treasurer Jim Chalmers. 7.30 is the ABC's flagship current affairs program, delivering original journalism, exclusive investigations, in-depth analysis and interviews on the major issues affecting Australia and the world. With on-the-ground reporting from ABC journalists across every state and territory and around the world, 7.30 has the latest on politics, policy, the economy, cost of living, housing, health, climate and energy, national security and global affairs. Presented by Sarah Ferguson, 7.30 scrutinises the decisions and actions of politicians, business leaders and other power
Tags: abc news, australian news, abc news indepth, documentaries, long-form journalism, housing, house prices, economy, jim chalmers, politics, government, anthony albanese, budget, falling house prices, interest rates, inflation
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