Will Australia follow Canada and Brazil into recession?

The Australian Financial Review asks: Will Australia follow Canada and Brazil into recession?

Article may be gated ... but in brief:

• Resources economies struggling to adapt to a slump in prices for commodities
• Canada and Brazil have stumbled into recessions
• Dominic Wilson, head of strategy at the $US8 billion ($11.4 billion) New York hedge fund firm MKP Capital Management, said Australia, Brazil and Canada were grappling with the negative income "shock" from lower commodity prices due to the slowdown in Chinese demand and the wind down of the mining investment cycle. "They are a group of countries being hit by the same external forces and the reversal of some favourable global tailwinds"