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Australia Economy Shrinks as Recession Looms

Jun.02 -- Nicki Hutley, partner at Deloitte Access Economics, talks about the growth outlook for Australia. The economy contracted in the first three months of the year, setting up an end to a nearly 29-year run without a recession as an even deeper slowdown looms for the current quarter. Hutley speaks with Yvonne Man and Tom Mackenzie on "Bloomberg Markets: Asia."