Likelihood Of Recession In Australia 2024. The reserve bank has made 13 rate rises since may 2022 to try and tackle inflation. Signs of a tough start to 2024 beginning to emerge.
Commonwealth bank of australia on friday puts the odds of a recession this year at 50%, predicting growth to slow to an annual rate of 0.7% in the last quarter and jobless rate. Here’s what four leading economists tip could happen in.
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