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SBS On the Money: Australia's economy slows, is a recession on the cards?

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On the Money Source: Getty / Getty

Surging inflation and higher interest rates are biting in the Australian economy which expanded a less than expected 5.9 per cent over the year, so SBS Finance Editor Ricardo Gonçalves speaks with Commonwealth Bank Economist Stephen Wu for more; plus Jun Bei Liu from Tribeca Investment Partners takes a look at the day on the markets.


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By Ricardo Goncalves

Presented by Ricardo Goncalves

Source: SBS News



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Surging inflation and higher interest rates are biting in the Australian economy which expanded a less than expected 5.9 per cent over the year, so SBS Finance Editor Ricardo Gonçalves speaks with Commonwealth Bank Economist Stephen Wu for more; plus Jun Bei Liu from Tribeca Investment Partners takes a look at the day on the markets.


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