| Source: | ABC News |
|---|---|
| Published: | Wednesday, November 19, 2008 7:14 AEDT |
| Expires: | Tuesday, February 17, 2009 7:14 AEDT |
Westpac says a recession is a decent risk in the first half of next year as household wealth continues to fall and new figures including the bank's leading economic growth index show activity's falling sharply.
ABC News Online takes a look at the big stories from 2008.
Want to know more about the Sydney Festival? Ask our blogger Antonette Collins.
Hundreds of Elvis impersonators have boarded a train from Sydney to Parkes for an annual festival.
This service may include material from Agence France-Presse (AFP), APTN, Reuters, AAP, CNN and the BBC World Service which is copyright and cannot be reproduced.
AEDT = Australian Eastern Daylight Time which is 11 hours ahead of UTC (Greenwich Mean Time)
