Economy still resilent but growth slowing from rate rises, surging inflation

Australia's economy remain resilent despite eight consecutive interest rate rises to tame runaway inflation.

But there are clear signs the economy is starting to slow as the lagging impact of rate rises and global uncertainty starts to bite into household budgets. 

Growth in the September quarter missed expectations slowing to 0.6 percent making 6.2 percent over the year.

Read the National Accounts from the Bureau of Statistics here

So can Australia avoid a recession?

My analysis on The World Today