Q+A: Is Australia already sliding into an economic downturn?

Australia’s economy slowed sharply in the March quarter, and the real weakness may only just be beginning.Sean Aylmer speaks with Paul Bloxham, Chief Economist - Australia, New Zealand & Global Commodities at HSBC, about why rising interest rates, falling confidence, weakening house prices and the Middle East conflict could push Australia into a genuine downturn - and why the Reserve Bank may be unable to cut rates quickly even if the economy weakens sharply.Find out more: https://fearandgreed.com.au/See omnystudio.com/listener for privacy information.