CLIVE PALMER: “Australia Will Be In Recession By July” (Karl Stefanovic)

Australia’s Federal Budget has been handed down – and now comes the fallout.

Clive Palmer and economist Leith van Onselen join Karl for a blunt conversation about the future of the Australian economy, why they believe regional Australia is being left behind and whether the country is heading towards recession faster than people realise.

Clive Palmer warns Australia could be in recession by July, while Leith van Onselen argues ordinary Australians are being crushed by rising costs, housing pressure and government policy failures.

From inflation and migration to taxes, housing and the growing divide between the cities and the regions – this is the conversation many Australians feel no one else is having.



A surprisingly good interview with Clive and Leith. Check it out. 

[Posted at the SpookyWeather2 blog, May 16, 2026.]