What Australia's rising economic misery means for you

New analysis shows economic misery is being driven by higher prices and interest rates. So what's in store for Australia?<br /><br />Economic misery in Australia is on the march. New analysis from the Committee for Economic Development of Australia (CEDA) has found it's back near its post-pandemic highs, and is expected to stay well above recent historical averages until at least the end of 2028. <br><br>In this episode: <br><ul><li>Jim Chalmers at the G20 economic summit talking about a set of grim financial forecasts.</li><li>The IMF's latest World Economic Outlook on Australia's inflation rate. </li><li>Commbank CEO Matt Comyn on house prices are likely only halfway through their downward spiral.</li><li>What is the misery index and how is it calculated? </li><li>Is Australia expected to see an increase in the jobless rate next year? </li><li>Does Australia need to rely on productivity on decades to come?</li></ul>SBS News in Depth is a news analysis podcast from SBS, going behind the headlines with reporting and interviews on the stories shaping Australia and the world.<br><br>Listen to more episodes of <u>SBS News in Depth</u>, and follow the show on the <u>SBS Audio app</u>, <u>Apple Podcasts</u>, <u>Spotify</u> or wherever you get your podcasts.<br><br>For the latest news from Australia and around the world, visit <u>SBS News</u> and follow us on <u>YouTube</u>, <u>TikTok</u>, <u>Instagram</u>, <u>Facebook</u> and <u>X</u>.