WHAT IF? Annette Sampson
While there has been talk of recession since interest rates started to rise, the risks have become higher with the Reserve Bank (and central banks overseas) still showing no signs that they are finished with rate hikes.
In late May, Mark Delaney, the chief investment officer of AustralianSuper, Australia's largest super fund, said he believed the Reserve Bank would tip the economy into recession in its battle to force inflation down.
Delaney told a Morningstar investment conference the super fund was positioning its $280 billion portfolio for a downturn, and was short on stocks and long in bonds.
“Who wants to be the central banker who brought