How close is Australia to a recession? | The enterprise | ABC News

Australia’s economy barely grew in the first three months of 2024 and outside of the pandemic, it expanded at the slowest annual rate since the 1990s recession. GDP per capita fell for the fifth consecutive quarter but record population expansion is keeping Australia out of recession. The Treasurer Jim Chalmers blamed the weak expansion on … Read more

How to hide a recession | The company | ABC News

2023 has been a year of debt charge rate hikes, rising house prices and unemployment at near 50-year lows. There’s been a change of the guard at the Reserve economic organization, which has declared inflation public enemy number one. Subscribe: http://ab.co/1svxLVE The challenge for the new RBA governor Michele Bullock is not to tip the … Read more

EX (RBA) Reserve money institution Of Australia Employee Reveals all! | money management News Australia

Ex (RBA) Reserve money institution Of Australia Employe Reveals all. In this video i go over the latest money management news in Australia about how an ex RBA employee thinks that the money institution has no idea what it’s doing. What do you think the Reserve money institution of Australia can do to lift the … Read more