Sydney extended lockdown likely to stall economic rebound with negative September quarter GDP on horizon

Economists are forecasting that the greater Sydney lockdown will carve a slice from Australia's economic rebound. 

Commonwealth Bank head of Australian economics Gareth Aird sees third quarter GDP down 1.4 percent which means a 0.7 percent contraction. 

Mr Aird tells ABC's Peter Ryan there is an outside risk of a double dip recession from a second consecutive quarter of negative growth if the Sydney outbreak spreads to other parts of Australia.

I also speak with Tom Oriti on ABC NewsRadio.