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Economically stuck? It's not just you
Description
New economic data suggests people across Australia are staying put--forgoing job changes, new businesses, and interstate moves.
So what’s keeping people feeling stuck? And what bigger costs might this have for the Australian economy?
Meanwhile, according to a Commonwealth bank commodity report, Chinese steel output has dipped while US output is undergoing something of a resurgence. What do these global trends mean for Australia's iron ore exports?
Daniel Ziffer and ABC News Business Editor Michael Janda break it all down on ABC Business Daily.
Listen to today's episode of Fuelcast here.
And you can check out Dan's article on Australia's 'stuck' economics here.
Got a burning business question?
Send a short voice recording to Carrington and the team at abcbusinessdaily@abc.net.au