Will Trump send Australia into recession?

The US president is wreaking havoc in Iran and around the world.

On this episode of Dollars & Sense, Greg and Elinor discuss Trump’s horrific threats against Iran, whether Australians should be concerned about a recession as a result of the global uncertainty the US president is causing, Matt Canavan’s plans for an economic revolution, and why land values have skyrocketed while the value of the dwellings on the land hasn’t changed much at all.

This discussion was recorded on Thursday 9 April 2026.

Visit The Point for research, analysis, explainers and factchecks from experts at the Australia Institute and beyond.

Host: Greg Jericho, Chief Economist, the Australia Institute // @grogsgamut

Host: Elinor Johnston-Leek, Senior Content Producer, the Australia Institute // @elinorjohnstonleek

Show notes:

Is Australia headed for a recession? I hope not - but the RBA should be more worried by Greg Jericho, Guardian Australia (April 2026)

After America, the Australia Institute

The data shows Australia’s population growth isn’t out of control, it has simply returned to trend by Matt Grudnoff, The Point (March 2026)

Theme music: Blue Dot Sessions

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