Will There Be A Recession In 2024 Australia

Will There Be A Recession In 2024 Australia. The oecd forecasts that australia will have the longest per capita recession on record, lasting 10 quarters or more, due to low population growth and interest rate hikes. Deloitte and canberra university economists warn of a hiring freeze and rising unemployment, triggering a recession indicator.

Household consumption, investment and exports were subdued, while government. The oecd forecasts that australia will have the longest per capita recession on record, lasting 10 quarters or more, due to low population growth and interest rate hikes.