Thanks for logging in.

You can now click/tap WATCH to start the live stream.

Thanks for logging in.

You can now click/tap LISTEN to start the live stream.

Thanks for logging in.

You can now click/tap LATEST NEWS to start the live stream.

LISTEN
Watch
on air now

Create a 4BC account today!

You can now log in once to listen live, watch live, join competitions, enjoy exclusive 4BC content and other benefits.


Joining is free and easy.

You will soon need to register to keep streaming 4BC online. Register an account or skip for now to do it later.

Advertisement
Advertisement
Advertisement

Australia’s economy enters a recession on a per capita basis

Australia’s economy has slumped into a per capita recession which is bad for the Morrison government.  It’s only one month way from treasurer Josh Frydenberg delivering an early budget which is hoped to reset the election criteria for the Morrison government and propel them for victory with news of a return to surplus.

The market didn’t see that yesterday as the dollar dropped sharply which saw economist slashing the odds for official interest rates to reach record lows of 1% by September.

Michael is joined by Leith Van Onselen from Macrobusiness – the ‘Unconventional Economist’ to discuss how the only thing stopping Australia from tipping into an official recession has been rapid population growth.

Download this podcast here

Michael McLaren
Advertisement