Concluding comment The risk is high, and Australia may not see the pickup in growth to around 2-2.5% or so this year that many, including ourselves, had been forecasting. But Australia should be able ...

Australia will avoid Recession thanks to Gen X, BlackRock says. "Australia Will Avoid Recession Thanks to Gen X, BackRock Says," at 0458 GMT, misspelled BlackRock in the headline.

Australia did have a technical recession during the pandemic in 2020 - that one was impossible to dodge. But the last major recession ran from 1990 to 1991 when inflation was red-hot and interest ...

Even if a technical recession were to arrive in the second half of 2023, it would be debatable whether it was an actual recession, especially if the unemployment rate rose only modestly.

In the years since the 1990-1991 recession, Australia’s economy has become the envy of the world, as the Lucky Country managed to dodge a technical recession for almost 30 years.

Is Australia headed towards a recession? Here's what it could look like in 2023 Most young Australians have never experienced a recession but one expert says there's a strong chance of the country ...

In the year following the 2020 recession, young people represented 55 per cent of job losses nationwide, despite only making up 14 per cent of population.

The risk of Australia's economy slipping into recession has risen sharply, after the central bank surprised markets this week by raising rates and warned it could tighten again to tamp down on high ...