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The R-word returns: why Australia faces a recession-like squeeze

The Australian Financial Review (AFR) •
November 06, 2026 • 09:00 AM
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Households face a bleak year ahead: falling real wages, dropping home values, stalled productivity and rising bills hitting families and firms.

The R-word returns: why Australia faces a recession-like squeeze

Australian and American politics this week laid bare an uncomfortable truth: inflation is an economic and political cancer.

Untreated, it metastasises into a wealth-destroying spiral that only the most painful, aggressive interventions can cure.

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Same Story from Other Publications

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Sydney Morning Herald (SMH)
1w ago
What is a recession and are we in one? A bluffer’s guide

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Australia’s last recession left many people better off. A recession this time around may be very different.

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RealEstate.com.au News
1w ago
'Recession like’ feeling: Inside the RBA’s fifth rate hike - realestate.com.au

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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.

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The Age
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Too many boundaries are behind the ‘sex recession’, warns Esther Perel

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