Timothy Sumer

Aggressive interest rate rises from the Reserve Bank of Australia (RBA) have taken its toll on New Zealand's economy, sending the country into recession, and sparking fears that Australia could soon face a similar situation. Subscribe and 🔔: | Get more breaking news at 9News.com.au: FOLLOW 9News Australia ► Facebook: ► Twitter: ► Instagram: Join 9News for the latest in news and events that affect you in your local city, as well as news from across Australia and the world. #9News #BreakingNews #NineNewsAustralia #9NewsAUS... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing Title: Recession in New Zealand Fueling Fears Australia Could Be Next Introduction: The economic fallout from the COVID-19 pandemic is wreaking havoc globally, and no country seems to be immune to its effects. As New Zealand falls into recession amidst the ongoing cr

With the risk of a recession rising, AFR economics editor John Kehoe said we are facing a “sharp downturn” as interest rate rises continue to place further strain on Australian households. Subscribe and 🔔: | Get more breaking news at 9News.com.au: 0:00 Economist John Kehoe on Australia's risk of recession 1:44 Queensland's housing crisis 2:38 Newschat guests open up on Queensland's housing budget FOLLOW 9News Australia ► Facebook: ► Twitter: ► Instagram: Join 9News for the latest in news and events that affect you in your local city, as well as news from across Australia and the world. #9News #BreakingNews #NineNewsAustralia #9NewsAUS... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing The Australian economy has been sailing through turbulent waters in recent times, with uncertainties looming over its future. Economic expert

The risk of Australia falling into recession is growing, as the outlook for the global economy deteriorates. We explore what will happen to businesses, jobs, house prices and shares in 2023. Subscribe: Read more here: 00:00 Introduction 1:30 - 2:03 The risks of recession in 2023 2:04 - 3:21 Where to put your money 3:22 - 4:30 What about resources? 4:31 - 5:12 Blue chip stocks 5:13 - 5:58 Impact of a US recession on the share market 6:00 - 10:08 The economic impact of Russia's invasion of Ukraine 10:09 - 10:52 Will the US fall into recession? 10:53 - 11:44 How likely is a recession in Australia? 11:45 - 12:22 Could we talk ourselves into a recession? 12:23 - 13:01 What will 2023 feel like? 13:02 - 14:01 House price predictions 14:02 - 14:38 How will households cope with higher interest rates? ABC News In-depth takes you deeper on the big stories, with long-form journalism from Four Corners, Foreign Correspondent, Australian Story, Planet America and mor