Is Australia on the cusp of a recession?
The risks may be to the downside, with the chances of a recession now larger than at any time in the last 24 years – Capital Economics.
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Australia’s sluggish GDP figures have raised questions about whether the country is staring down the barrel of a recession.
Yesterday figures from the Reserve Bank of Australia (RBA) revealed GDP increased by just 0.2% in the second quarter of this year. This is a sharp reduction on the first
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Jason Walls
Thu, 03 Sep 2015
Thu, 03 Sep 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Is Australia on the cusp of a recession?
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