ASX lower as oil prices rise, HSBC chief economist tips GDP decline | Finance Report | ABC NEWS

The Australian share market fell back today in line with markets around the world, as the price of oil continued to rise.
Global banking giant HSBC has issued a gloomy forecast for the Australian economy, as finance presenter Alan Kohler explains.
Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2026-03-30/asx-markets-business-news-live-updates/106509200

ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It's news when you want it, from Australia's most trusted news organisation.

For more from ABC NEWS, click here: https://ab.co/2kxYCZY
Watch more ABC NEWS content ad-free on ABC iview: https://ab.co/2OB7Mk1

Go deeper on our ABC NEWS In-depth channel: https://ab.co/2lNeBn2
Like ABC NEWS on Facebook: http://facebook.com/abcnews.au
Follow ABC NEWS on Instagram: http://instagram.com/abcnews_au

Note: In most cases, our captions are auto-generated.

#ABCNEWS #ABCNEWSAustralia #abcbusiness