Talk of a recession in Australia has picked up in recent weeks. Rising fuel prices, a sharp fall in consumer confidence, and ...
Several indicators suggest Australia might be heading for a recession - if not already in one - as oil shock from the Middle East crisis and interest rates smash consumer confidence.
One of Australia’s largest banks has flagged concerns of a recession as the financial impacts of the oil crisis have forced ...
Economists predict Australia’s economy could suffer its worst quarterly fall since the 1990s outside of the Covid pandemic.
Higher fuel prices mean that households who have little choice about how much fuel they use have less to spend on other goods ...
Morgan Stanley has warned that earnings of Australia’s largest banks could fall by as much as 11 per cent if higher borrowing ...
Whispers that a recession could reach Australia are increasing amid growing economic turmoil. But you shouldn't worry just ...
Fears of a recession loom large as the battle over the Strait of Hormuz dashes hopes of a swift end to the conflict in the ...
Modelling by Deloitte Access Economics shows that if oil prices rise, the nation could face mass unemployment and surging ...
Australia has entered its first recession since 1991 after the economy shrank 7 percent in the second quarter, official figures showed Wednesday, as the country reels from the coronavirus pandemic.
Only five of 38 economists surveyed in the Financial Review’s quarterly poll say the RBA is done raising rates this year as it deals with higher inflation.
The treasurer said Australia was "better placed" than many countries but would not be immune from the economic fallout.