DiscoverThe EconomistsEconomic 'Armageddon' as we head towards recession. Now what?
Economic 'Armageddon' as we head towards recession. Now what?

Economic 'Armageddon' as we head towards recession. Now what?

Update: 2020-06-04
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GDP figures say that Australia is heading towards recession for the first time in 29 years. Now what?

As 2020 brought bushfires, drought and floods, we were already in financial trouble.

But the measures taken to save lives in the face of COVID-19 have pushed the economy over the edge.

Nicki Hutley, partner at Deloitte Access Economics and Terry Rawnsley from SGS Economics and Planning, join us to pull apart the GDP 'sausage' and tell us what it all means.

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Economic 'Armageddon' as we head towards recession. Now what?

Economic 'Armageddon' as we head towards recession. Now what?

Australian Broadcasting Corporation