Episode Details
Back to Episodes
Q+A: Is Australia already sliding into an economic downturn?
Published 3 weeks, 1 day ago
Description
Australia’s economy slowed sharply in the March quarter, and the real weakness may only just be beginning.
Sean Aylmer speaks with Paul Bloxham, Chief Economist - Australia, New Zealand & Global Commodities at HSBC, about why rising interest rates, falling confidence, weakening house prices and the Middle East conflict could push Australia into a genuine downturn - and why the Reserve Bank may be unable to cut rates quickly even if the economy weakens sharply.
Find out more: https://fearandgreed.com.au/
See omnystudio.com/listener for privacy information.