Economy teeters on brink of recession

With Australia's economy close to flatlining, the heat is turning up on the Reserve Bank to bring forward interest rate cuts to avoid a recession. Official figures show barely any economic growth in the most recent quarter and just 0.8 percent over the year.The outcome is bad news for the federal government with next year's federal election to be fought on the theme of strong economic management. Reporter: Peter Ryan, Senior Business Correspondent Featured: Jim Chalmers, Federal Treasurer