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Australian recession

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Big crowds at the Australia-India test series helped lift the ecoomy through the December quarter.

Australia’s longest per capita recession since WWII comes to an end

A record seven quarters of falling GDP per person has finally ended, with new figures showing the economy improving in late 2024.

  • Shane Wright

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Treasurer Jim Chalmers at a press conference on the MYEFO data this week in Canberra.

Public patience wearing thin on Labor’s economic vision

The question is whether the treasurer’s talk of a soft landing will convince voters that the government is doing enough to alleviate the hardship they are experiencing.

  • The Age's View

When trust goes bust: how we bind during a crisis and break in the aftermath

Australians back their governments at times of national peril, then dump them when it’s over. Who will they blame in 2025?

  • George Megalogenis
The Reserve Bank has looked at its key Covid-era policies to determine what worked and what didn’t. Australian governments have yet to do so.

The half trillion-dollar stimulus we didn’t know about

The Reserve Bank and governments pumped hundreds of billions of dollars into the economy to deal with Covid. We are still counting the cost.

  • Shane Wright
An economist has warned Australia could dip into a recession if there is a dramatic drop in international students.

Labor’s international student caps ignite recession fears

Australia could be pushed into a recession if universities are forced to slash their international student numbers under Labor’s migration crackdown.

  • Daniella White
The Reserve Bank board faces one of its toughest choices yet in its August meeting.

Reserve Bank risks recession with August rate rise

The Reserve Bank is at a critical point, economists say – it could let inflation remain a little higher for longer or risk tipping Australia into a recession.

  • Rachel Clun
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The RBA has squeezed us like a lemon, but it’s still not happy

Maybe the Reserve Bank needs to see more blood on the street before it will believe we’re getting inflation back under control. If so, we’re running a bigger risk of recession than the central bank cares to admit.

  • Ross Gittins
The Australian economy is expected to avoid a recession, and remains strong despite cost of living pressures.

Government action needed to avoid higher interest rates: IMF

The International Monetary Fund forecasts inflation will not return to 2-3 per cent until 2026, suggesting well-targeted stimulus measures for struggling households.

  • Rachel Clun
Geoff Wilson says Christmas and the early part of next year, from the economy side, will be tough if interest rates keep going up.

More economic pain as rate rise looms, warn top fund managers

Australia will avoid a recession, but consumers will face a tougher Christmas and new year, especially if there is another rate hike, leading fund managers say.

  • Millie Muroi
Seven Group chief executive Ryan Stokes.

RBA could push the country into recession, says Seven boss

Ryan Stokes says Australia has so far been able to weather the barrage of rate rises over the past 15 months, but another hike could push it over the edge.

  • Colin Kruger

Original URL: https://www.watoday.com.au/topic/australian-recession-1nh6