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Fears of Australia being the next to suffer as recession hits New Zealand | 9 News Australia

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