Treasurer Josh Frydenberg says the economy has nosedived into a recession, but what does that mean for Australians? Senior economics reporter Shane Wright looks back to the economic woes of 1990, and the recessions we narrowly avoided with national editor Tory Maguire and discusses how the COVID-19 situation is different. 

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Treasurer Josh Frydenberg says the economy has nosedived into a recession, but what does that mean for Australians? Senior economics reporter <a href="https://www.theage.com.au/by/shane-wright-h170pw">Shane Wright</a> looks back to the economic woes of 1990, and the recessions we narrowly avoided with national editor <a href="https://www.smh.com.au/by/tory-maguire-h0yjtc" data-sk="tooltip_parent" aria-describedby="sk-tooltip-67df9f0c-d321-4789-a8b1-684d3d75f5cf">Tory Maguire</a> and discusses how the COVID-19 situation is different.&nbsp;
Supporters power our newsrooms and are critical for the sustainability of our coverage. Becoming a subscriber also gets you exclusive behind-the-scenes content and invitations to special events.
Please take the time to rate &amp; review us on Apple Podcasts or wherever you get your pods. We love to hear your thoughts and it makes it easier for the rest of the podcast world to find us.
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From the newsrooms of The Sydney Morning Herald and The Age, Please Explain Daily cuts through the noise to give you insight into the stories that drive the nation.

From the newsrooms of The Sydney Morning Herald and The Age, Please Explain Daily cuts through the noise to give you insight into the stories that drive the nation.

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