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Is Australia headed for another recession?
Manage episode 301322171 series 2659324
The June quarter GDP figures are out, and Australia looks likely to avoid a second recession in two years.
GDP grew by 0.7%, which ended as the Delta variant took hold in NSW and sparked a wave of lockdowns across the east coast.
So what does this tell us about how the economy entered the extended state lockdown, just how bad is the news for the September quarter, and are we still at risk of a so-called technical recession?
To discuss this, CEDA Chief Economist Jarrod Ball is joined by ANZ Senior Economist, Felicity Emmett.
91 jaksoa
Manage episode 301322171 series 2659324
The June quarter GDP figures are out, and Australia looks likely to avoid a second recession in two years.
GDP grew by 0.7%, which ended as the Delta variant took hold in NSW and sparked a wave of lockdowns across the east coast.
So what does this tell us about how the economy entered the extended state lockdown, just how bad is the news for the September quarter, and are we still at risk of a so-called technical recession?
To discuss this, CEDA Chief Economist Jarrod Ball is joined by ANZ Senior Economist, Felicity Emmett.
91 jaksoa
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