Early Edition with Kate Hawkesby

Doom and gloom is on the economic horizon. Higher interest rates, lower spending and low population growth are all pointing towards a higher chance of recession for the first two quarters of the year. Westpac Senior Economist Satish Ranchhod says while he thinks there won't be a recession, our growth will be soft. He told Kate Hawkesby he's expecting a pretty weak end to the year in retail spending. LISTEN ABOVESee omnystudio.com/listener for privacy information.