Recession 2024 Australia. Australia’s economy slowed in the final three months of last year and a per capita recession deepened as higher rates and rising living costs dragged on household. Our quarterly statement on monetary policy sets out the rba s assessment of current economic and financial conditions as well as the.


Recession 2024 Australia

Australia is already experiencing a prolonged per capita recession. Economic modelling by a senior analyst at the rba in september 2022 put the odds of an australian recession at up to 80 per cent.

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