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49am RBA assistant governor says cost-of-living experience varied, US to avoid recession By Millie Muroi RBA assistant economic governor Sarah Hunter says the Australian economy is running “a little bit hot” with some parts of the country struggling more than others, and that the bank is keeping a close eye on the US. Appearing before the Senate select committee on cost of living on Wednesday, Hunter said there were discrepancies between the experiences of different people, sectors and regions across the country. RBA assistant economic governor Sarah Hunter at a hearing of the Senate select committee on cost of living.
Credit: Peter Rae “There are pockets of strength across the economy, not all sectors are experiencing the same thing,” she said, noting the retail sector was struggling while there was stronger employment growth in sectors such as health and education. “Geographically, Victoria and Tasma.