Monday, September 2, 2019

Economy softening though 28 recession-free run not over yet. Dr Timo Henckel of ANU is softening up students who've never known a recession

Official economic growth figures scheduled for Wednesday are tipped to show the slowest pace of expansion since the depths of the global financial crisis a decade ago. 

Given Australia's 28 years of world-beating record of growth, economists are starting to warn that an official recession is starting to look more likely in the year ahead. 

Dr Timo Henckel, chairman of the RBA shadow board at Australian National University, speaks with ABC's Peter Ryan.


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