Making sense of the overwhelming recession rhetoric

Host Maja Garaca Djurdjevic is joined by AMP's chief economist who makes sense of the government's latest recession rhetoric. We appear to be drowning in recession rhetoric; as such, Maja is joined by Dr Shane Oliver, who offers some much-needed clarity on our economic predicament. Dr Oliver talks about the dangers of "talking ourselves into a recession", offers his outlook for interest rates, and explains the predicaments surrounding the government's first budget, as well as why we can't compare ourselves to the UK and their market meltdown. He also takes a deep dive into current market movements and offers some handy tips to over-anxious investors and advisers on how to help their clients in today's murky environment. Moreover, Dr Oliver addresses the Reserve Bank's latest warning regarding cyber crime and climate change.