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Is Australia at risk of a recession? Here’s what the data actually shows

  • Written by The Conversation
Reserve Bank of Australia Governor Michele Bullock addresses media

Talk of a recession in Australia has picked up in recent weeks. Rising fuel prices, a sharp fall in consumer confidence, and signs of softer spending have all added to concerns the economy may be losing momentum.

A recession is commonly defined as two consecutive quarters of negative economic growth. By that standard, Australia is not there yet...

Read more: Is Australia at risk of a recession? Here’s what the data actually shows

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