Is Australia Heading For A Recession In 2024
The australian economy will likely avoid a recession despite the world economy being in a dangerous place right now, treasurer jim chalmers said on. New industry survey points to likely australian.
Australia’s economy grew by 0.1 per cent over the first three months of 2024 and 1.1 per cent over the year, according to the australian bureau of statistics (abs). Economic growth will continue to slow throughout 2023 under the impact of rising interest rates aimed at curbing inflation but australia can avoid recession,.
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