We want to know if a recession is coming. It’s the wrong question
I don’t know if Australia is heading towards a recession. But I do know that financial security has very little to do with impressing the people around you.
I don’t know if Australia is heading towards a recession. But I do know that financial security has very little to do with impressing the people around you.
I don’t know if Australia is heading towards a recession. But I do know that financial security has very little to do with impressing the people around you.
Secrets of the planet’s biggest-ever land animals | Life for a Bondi hero, one year on | Esther Perel on midlife marriage and ‘sex recessions’ | How to draw
The world-famous psychotherapist on how to manage the tension between love and desire.
Secrets of the planet’s biggest-ever land animals | Life for a Bondi hero, one year on | Esther Perel on midlife marriage and ‘sex recessions’ | How to draw
The world-famous psychotherapist on how to manage the tension between love and desire.
It’s the consequence of Labor’s fiscal and public policy mismanagement, enabled by an accommodating central bank. And blaming oil prices is just a convenient excuse.
The boss of Coopers Brewery, owned by 219 extended family shareholders, says inflation and high price tags are making drinkers of the beverage think twice.
Households face a bleak year ahead: falling real wages, dropping home values, stalled productivity and rising bills hitting families and firms.
Australia’s last recession left many people better off. A recession this time around may be very different.
Australia’s last recession left many people better off. A recession this time around may be very different.
Expectations for rate cuts next year have dwindled quickly as the end of 2026 approaches, with the Reserve Bank warning households are likely to feel like they are living through a recession.
An investment boom makes a recession less likely, but it complicates the RBA’s inflation task by competing for stretched worker and construction capacity.
An investment boom makes a recession less likely, but it complicates the RBA’s inflation task by competing for stretched worker and construction capacity.
RBA governor Michele Bullock isn’t sugar-coating what’s coming. But artificial intelligence disruption may add a new element of pain to a traditional slowdown.
Within just four months, analysts have halved their earnings forecasts for the financial year to just 7 per cent.
The Reserve Bank has raised rates for the fifth time this year, taking mortgage repayments to near-record levels and adding pressure on Treasurer Jim Chalmers to cut government spending.
This isn’t a recession, says Reserve Bank Governor Michele Bullock, but she concedes it sure feels like one.