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2024 Recession Australia

2024 Recession Australia. It was just as economists expected and follows growth of 0.7pc in the first three months of 2024 after last year’s recession. Australia’s recession risk has increased sharply throughout the middle of 2024 as the economy cools and inflation is still not under control.


2024 Recession Australia

Australia’s economy slowed in the final three months of last year and a per capita recession deepened as higher rates and rising living costs dragged on household. Corporate leaders reckon inflation will linger, but say australia will avoid a recession in 2024.

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