Talk Money: September 15, 2015

  • 15/09/2015
(Paul Henry)
(Paul Henry)

Malcolm Turnbull will be sworn in today as the 29th Prime Minister of Australia.

He ousted Tony Abbott, saying the Prime Minister was unable to provide economic leadership that Australia needs. He also promised a new style of leadership.

But Mr Turnbull faces a tough task.

Australia's growth fell has fallen to 0.02 percent in the latest quarter and is under 2 percent for the past year.

That is well down from a few years ago when commodity markets were booming and the Australian growth rate was 4.5 percent.

Watch the video for the full segment.

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