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Satish Ranchhod: Westpac Senior Economist thinks there won't be a recession, but growth will be slow

Doom and gloom is on the economic horizon.

Higher interest rates, lower spending and low population growth are all pointing towards a higher chance of recession for the first two quarters of the year.

Westpac Senior Economist Satish Ranchhod says while he thinks there won't be a recession, our growth will be soft.

He told Kate Hawkesby he's expecting a pretty weak end to the year in retail spending.

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