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 and analysis 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)
Photo: The White House/Flickr (U.S. Government work)
Theme music: Blue Dot Sessions
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