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Economy slows, recession risk rises; RBA to regulate Apple, Google; cheques on last legs

Economy slows, recession risk rises; RBA to regulate Apple, Google; cheques on last legs

FEAR & GREED | Business News
21 min
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<p><strong>Thursday 8 June 2023</strong></p> <p><strong>The Aussie economy slows and the likelihood of a recession later this year increases.&nbsp;</strong></p> <p>Also today:</p> <ul> <li>The Reserve Bank to get more power to regulate payments providers like Apple, Google and BNPL operators</li> <li>The government sets an end date for cheques</li> <li>Hugely wealthy Saudi-backed LIV golf tour agrees to merge with the US PGA and European tours</li> </ul> <p><strong>Plus don’t miss the latest episode of How Do They Afford That?</strong></p> <p><strong>This week is all about getting ready for tax time - some tips and ideas to put yourself in the best possible position. Get the episode from</strong><a href="https://podcasts.apple.com/au/podcast/how-do-they-afford-that/id1644255235" rel="nofollow"><strong> </strong><strong>APPLE</strong></a><strong>,</strong><a href="https://open.spotify.com/show/1EW5WRlRh7MovSBNkk6dG8?si=b2203ec2fa934a14" rel="nofollow"><strong> </strong><strong>SPOTIFY</strong></a><strong>, or anywhere you listen to podcasts.</strong></p> <p><a href="https://fearandgreed.com.au" rel="nofollow">Find out more: https://fearandgreed.com.au</a></p> <p>See <a href="https://omnystudio.com/listener" rel="nofollow">omnystudio.com/listener</a> for privacy information.</p>