5 Jul 2023

Personal finance: Why recessions aren't all bad

From Nine To Noon, 11:45 am on 5 July 2023

Money expert Liz Koh joins Kathryn to talk about what a recession actually means and whether we should be worried.

She says a downturn in economic activity can be bad news for business as consumers spend less - but it can be a good antidote for inflation, and a time when communities can come together to help those who need it most.

Liz Koh is a money expert specializing in retirement planning. The advice given here is general and does not constitute specific advice to any person. 

Close up of hand using tablet with financial digits and downward red arrow on blurry background, illustrating economic decline.

Photo: 123rf