Is Australia Heading For A Recession In 2024. Australia technically avoided a recession in 2023, though living standards went backwards for most of the population. Australia is close to recession.


Is Australia Heading For A Recession In 2024

There is only a one in two chance the reserve bank of australia can reduce inflation below 3 per cent without triggering a recession, according to internal research. A major accounting firm says a hiring freeze has hit the australian private sector, as economists raise a recession warning signal.

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