Home News Video How real is the threat of recession for Australia? | 9 News Australia

How real is the threat of recession for Australia? | 9 News Australia

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How real is the threat of recession for Australia? | 9 News Australia

Ahead of today’s latest unemployment figures, a warning has been issued to Aussie households that they may face a collapse in incomes due to high inflation and interest rates. Joining the Today studio is Treasurer Jim Chalmers to discuss just how real the threat of recession is for the Australian economy. Subscribe and 🔔: http://9Soci.al/KM6e50GjSK9 | Get more breaking news at 9News.com.au: http://9Soci.al/iyCO50GjSK6

0:00 – Treasurer Jim Chalmers speaks on threat of recession
4:26 – Chris Kohler on impact of new unemployment figures
6:04 – Mortgage stress
9:17 – Ashley wick breaks down Treasurer’s expectation on recession threat

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