Australian recession
Reserve Bank risks recession with August rate rise
The Reserve Bank is at a critical point, economists say – it could let inflation remain a little higher for longer or risk tipping Australia into a recession.
- by Rachel Clun
Latest
Opinion
Interest rates
The RBA has squeezed us like a lemon, but it’s still not happy
Maybe the Reserve Bank needs to see more blood on the street before it will believe we’re getting inflation back under control. If so, we’re running a bigger risk of recession than the central bank cares to admit.
- by Ross Gittins
Government action needed to avoid higher interest rates: IMF
The International Monetary Fund forecasts inflation will not return to 2-3 per cent until 2026, suggesting well-targeted stimulus measures for struggling households.
- by Rachel Clun
More economic pain as rate rise looms, warn top fund managers
Australia will avoid a recession, but consumers will face a tougher Christmas and new year, especially if there is another rate hike, leading fund managers say.
- by Millie Muroi
RBA could push the country into recession, says Seven boss
Ryan Stokes says Australia has so far been able to weather the barrage of rate rises over the past 15 months, but another hike could push it over the edge.
- by Colin Kruger
‘Waterfall effect’: Recession looms as more businesses face collapse
Most of the experts involved in corporate insolvencies warn Australia will tip into a recession in the next 12 months.
- by Sarah Danckert
June 2023: Warning Australian companies must lift productivity
Australia has recorded its largest fall in productivity on record amid recession fears.
Opinion
Interest rates
Another rise in interest rates? We’ve probably had enough already
Whatever decision the Reserve Bank board makes about rates tomorrow – at governor Philip Lowe’s second-last meeting – the stronger case is for no increase.
- by Ross Gittins
Opinion
Finance
Six actions business owners can take to survive economic turmoil
Don’t wait to be told we’re officially in recession. Start acting now to ensure you come out the other side of what could be a prolonged downturn.
- by Michael Fingland
Opinion
Opinion
Not if, but when: How to prepare for a recession as a first-time investor
Younger Australians have never had to tussle with a recession, so it’s important to understand what it might mean for your money.
- by Wijith Wijeyasiri
AustralianSuper betting on recession as inflation softens real returns
The chief investment officer of Australia’s largest super fund says the biggest risk is that a recession will not materialise.
- by Millie Muroi