jIt became official on Wednesday. The Australian economy is in recession for the first time in nearly three decades.
And the drop in economic activity is unprecedented. GDP fell 7% in the June quarter. The previous biggest post-War fall in Australia was 2% in June 1974.
But Treasurer Josh Frydenberg noted that in March he was told the June quarter...
Inflation in Australia and globally has surged to multi-decade highs since 2021, driven by pandemic supply shocks, energy...
The war in the Middle East is not a distant geopolitical event for Australia. In an interconnected global economy, confli...
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Inflation in Australia and globally has surged to multi-decade highs since 2021, driven by pande...
The war in the Middle East is not a distant geopolitical event for Australia. In an interconnect...
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