More of a per capita recession than the traditional measure, but whichever way you like to look at things, Australia is likely to record slower than average growth this year. IMF has 1.5% for real gdp in 2024. Slow growth in discretionary spend is not great for ZIP, and already can see the slowdown in transaction volume in Aus, which you can attribute to the macro story, tightening underwriting and higher fees for customers. Better unit economics but lower growth are offsetting influences, however the improving unit economics helps it reduce the risk of blowing up (cet par of course).
The Bear Room, page-1160
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$2.79 |
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| Open | High | Low | Value | Volume |
| $2.80 | $2.81 | $2.74 | $25.49M | 9.190M |
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| No. | Vol. | Price($) |
|---|---|---|
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| Price($) | Vol. | No. |
|---|---|---|
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