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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. A ...
What is a recession? What are the key indicators of a recession? How do government and central banks respond to recessions? What are the causes of recessions? How can individuals and businesses ...
SYDNEY (Reuters) -Australia will be able to manage the direct impact of U.S. President Donald Trump's tariffs but economic growth will take a hit as the global economy slows, Treasurer Jim Chalmers ...
Finance guru Mark Bouris has issued a stark warning that a US recession would have a butterfly effect on Australia's economy. The warning comes as economists hold their breath in anticipation of ...
Australia’s migration rate over the last 4 years, however, got a bit too high for a moment there. We emptied out over covid, ...
First, some background: Three years ago, as the economy recovered from the brief COVID-19 recession, economists were already talking about another downturn. Russia had invaded Ukraine. Inflation was ...
The Australian federal election campaign has had a total lack of discussion of the major crises facing the working class. The realities of genocide, trade war, recession and a looming world war, along ...
President Donald Trump's aggressive tariffs have shaken investors' faith in U.S. markets. Many fear a recession might be just around the corner. It has been awhile since U.S. investors have had to ...