Monso Business Banking. It just works. So you can too. Join businesses like Target

to Wishing by opening a Monso Business account.

What I love about Monso Business account is how easy everything is. It can be filtered,

it can be tagged. We thought we'd have to manage our business around our banks, but that's

not the case for Monso.

My name is Shun. I am the Founder of Target Trition.

Apply in minutes at Monso.com slash business. To apply you must be a sole trader or director

of a limited company, UK Business is only terms and conditions apply.

This is CBS I in the world. I'm John Bachelors.

To Australia, Scott Maiman for CBS News, Scott is in Canberra. He spends most of his time

in Brisbane in Queensland. Right now, however, it's all the continent of concern because

the word recession is in Australia as it is here in the United States as it is in

Europe. Will there be? Is it already here? Scott, a very good day to you, Australia.

You are blessed with natural resources and educated working force and customers, not the

least being the people's Republic of China who need everything you've got. Therefore,

there's reason to believe that Australia can avoid worldwide recession that is said

to be about to arrive on the horizon. But I read that you have concerns as we do. You

have a very high inflation rate. Good day to you, Scott.

Good day, John. The year started on a positive note. We were told by our authorities. We're

keeping a heads above water as far as the economy is concerned. The rest of the world, there's

going to be a global slowdown or recession. But the thought was Australia would write it

out, stay above the levels that we would bring on a recession. Things have changed just

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