recession
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Australia Is Experiencing the Biggest Dive in Living Standards in Half a Century
Australians are set to find out if we are on the edge of a so-called “official” recession.
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What a Recession Is, Exactly, and Other Economic Terms You Should Know
With memories of (and the fallout from) the Global Economic Crisis of 2007 to 2009 still painfully fresh for too many families, anxiety is high over recent economic fluctuations. The treasurer recently signalling a painful journey away from recession is upon us but many experts and everyday Australians alike see a recession looming. You may be…
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Why It’s So Hard To Predict The Shape Of An Economic Recovery
Although the process of reopening the global economy post-pandemic will be long and complex, there’s already plenty of speculation about what the economic recovery will look like.
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How Will The Coronavirus Recession Compare With The Worst In Australia’s History?
1In a normal year we would be weeks away from the May budget and the official forecasts for the financial year ahead. This year there will be no official forecasts until October 6, the date of the postponed budget. It might be just as well.