The International Monetary Fund forecasts inflation will not return to 2-3 per cent until 2026,suggesting well-targeted stimulus measures for struggling households.
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.
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.
Most of the experts involved in corporate insolvencies warn Australia will tip into a recession in the next 12 months.
Australia has recorded its largest fall in productivity on record amid recession fears.
Whatever decision the Reserve Bank board makes about rates tomorrow – at governor Philip Lowe’s second-last meeting – the stronger case is for no increase.
Don’t wait to be told we’re officially in recession. Start acting now to ensure you come out the other side of what could be a prolonged downturn.
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.