cover of episode Is Australia headed for another recession?

Is Australia headed for another recession?

2021/9/2
logo of podcast The Economists' Corner

The Economists' Corner

Shownotes Transcript

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.