Yes the world is in a state of financial unrest, but Australia's economy is still growing, the slow down was caused by Banking royal commission that has tightened lending practises on banking products which is as form of indirect fiscal policy a good thing on reflection of what happened in 2006 in the us with the big banks there.
Australia is in a good position regarding growth, I don't think Australia will go into recession or the world for that matter any time soon, the demand for metals and rare earths keeps going up due to population increasing and the tech sector getting bigger all the time.
The real threat to any economy now if you haven't noticed is probably WAR.
