Article 6BCYR Reserve Bank official says Australian population rebound may add to inflationary pressures

Reserve Bank official says Australian population rebound may add to inflationary pressures

by
Peter Hannam
from World news | The Guardian on (#6BCYR)

RBA official Marion Kohler says recovery in population could have unanticipated or more pervasive effects'

Australia's speedy rebound in population growth could have unanticipated or more pervasive effects" on the economy, potentially adding to inflationary pressures, a senior Reserve Bank official says.

The rise in numbers - potentially increasing the population by 700,000 over two years - was one of the biggest changes over the past six months, Marion Kohler, the RBA's head of economic analysis, told a CEDA event in Perth on Wednesday.

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