The Recession… Explained
Sep 08, 2020•18 min•Season 1Ep. 111
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Episode description
Last financial quarter, Australia experienced its biggest economic drop since the Great Depression, officially plunging the country into a recession. But what exactly does a recession mean and what impact does it have on our lives?
Economist writer Jessica Irvine joins The Briefing to explain the ins-and-outs of a recession and whether we should be worried.
In today's news headlines:
- Young people warned to stay off TikTok after disturbing video goes viral
- Two Australian journalists rushed out of China as Australian TV anchor charged
- Man killed in suspected great white shark attack on the Gold Coast
- WA nurse helping with Melbourne outbreak contracts Covid-19
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