Plummeting property prices, huge household debt, and China's shrinking demand will send Australia's economy into 'Armageddon', experts have warned.
High-profile tech entrepreneur, Freelancer chief executive Matt Barrie, claimed Australia was too reliant on China and the housing market was about to go off a cliff.
The crowdsourcing website owner predicted fallout from the banking royal commission would be the catalyst.
By Nic White For Daily Mail Australia