Our country has just received this year's first economics report card and the news is not good. The last time the Australian economy was this slow - outside of the pandemic - was the very early 1990s, when then treasurer Paul Keating famously announced that Australia had entered a recession.

Are we now teetering on the edge of another one? Many news reports suggest as much. And just last week, treasurer Jim Chalmers acknowledged that many Australians are suffering through "uncertain times”.

Today, senior economics correspondent Shane Wright on what’s causing our economy to grind to a near halt. And whether this might soon lead to another interest rate hike.

Our country has just received this year's first economics report card and the news is not good. The last time the Australian economy was this slow - outside of the pandemic - was the very early 1990s, when then treasurer Paul Keating famously announced that Australia had entered a recession.
Are we now teetering on the edge of another one? Many news reports suggest as much. And just last week, treasurer Jim Chalmers acknowledged that many Australians are suffering through "uncertain times”.
Today, senior economics correspondent Shane Wright on what’s causing our economy to grind to a near halt. And whether this might soon lead to another interest rate hike.

The Morning Edition (formerly Please Explain) brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

The Morning Edition (formerly Please Explain) brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

The Morning Edition

The Morning Edition brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

The Morning Edition brings you the story behind the story with the best journalists in Australia. Join host Samantha Selinger-Morris from the newsrooms of The Sydney Morning Herald and The Age, weekdays from 5am.

Are we headed for a recession?

https://api.omny.fm/orgs/88b564ea-a9a6-4751-910a-a5d800019396/clips/13a5e0eb-1b72-48c8-a472-b18b007c5ac4/transcript

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