2024 Recession Australia

2024 Recession Australia. Previously unpublished internal research from the reserve bank estimates that australia's risk of recession over this year and next could be as high as 80 per cent. Despite teetering on the edge of it, few economists are forecasting an australian recession anytime soon.


2024 Recession Australia

Australia technically avoided a recession in 2023, though living standards went backwards for most of the population. Many people talk about a recession meaning two quarters in a row of shrinking spending and income.

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