Younger Australians have never had to tussle with a recession,so it’s important to understand what it might mean for your money.
The chief investment officer of Australia’s largest super fund says the biggest risk is that a recession will not materialise.
Peter Dutton is trying to convince voters that the PM is preoccupied by the Voice,not the economy. If he succeeds,the government is in real trouble.
Parents are driving teachers out of their jobs.
There are at least five policy challenges that will deepen the chill this winter,and voters will be looking to the government for solutions.
The first half of this calendar year has been an unpleasant time for retailers. But the next six months is looking even worse.
Big banks have downgraded their growth forecasts as households rein in spending to keep up with rising interest rates,but the treasurer says a strong jobs market leaves the country well-placed “to face the challenges ahead”.
Economists are increasingly worried we are on the verge of a recession. Millions of Australians were not even alive during the 1990s recession,the one we “had to have”.
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.
Westpac’s head economist says we are already in a consumer recession – its spread to the broader economy depends on whether business investment continues to hold up or falls in a hole.
The country’s most experienced economists and fund managers believe it could be a bumpy ride for investors.