Catalonia, the Spanish autonomous community recently voted overwhelmingly in a self-instigated referendum to separate from the rest of Spain. However, Madrid has refused to recognise Barcelona’s referendum and that has led to political instability and economic retreats. But could Catalonia spark something more major that could even hit your pocketbook in Australia?

Reporter Hans Lee was joined by Tim Harcourt, the Airport Economist and the JW Neville Fellow of Economics at the UNSW Business School.

Original Broadcast: October 12th, 2017