Pandemic aside, Australia hasn't experienced a recession caused by rising interest rates since the early 1990s. Now in the current rate-hiking cycle, RBA governor Michele Bullock concedes the risk of ...
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Bleak recession warning every Aussie needs to read over fears hundreds of thousands will be axed
Australia could plunge headfirst into a recession within months with unemployment poised to surge along with inflation, according to startling modelling. Deloitte Access Economics warned of two ...
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Australia in 'weakened state' to fight off recession
Australia’s position in the economic turbulence triggered by the US-Israel war on Iran is a “weakened” one, Nationals Senator Bridget McKenzie says, after the International Monetary Fund warned the ...
Australia is facing an “uncomfortably high” risk of plunging into a recession, or worse, a full-blown financial crisis, according to one of the country’s most prominent economists.
Treasurer says ‘very substantial and intensifying pressure’ on federal budget as he points finger at private sector for driving up inflation amid Middle East conflict ...
Australians have watched the value of their homes soar for years. Now, as prices head in the opposite direction, there are warnings the fallout could spread well beyond the property market. Property ...
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RBA faces brutal call as growth stalls
Australia’s path” to a soft economic landing is narrowing fast, with the RBA running out of options to tame inflation without triggering a recession.
Australia's economic slowdown is just beginning, economists warn, as interest rate rises and cost-of-living pressures weigh on households. The economy grew just 0.3 per cent in the first quarter of ...
But the yield curve being the ‘right-way up’ doesn’t mean a recession won’t occur. Just as an inverted yield curve shouldn’t be treated as a recession countdown clock. It can invert well before an ...
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