One of the nation’s top economic forecasters warns the next two years will be a grind thanks to higher unemployment and poor ...

De-escalation of war in the Middle East has lowered oil prices and eased fears of economic downturn but households are still ...

Australia faces its weakest growth since the 1990s recession as the nation’s economy is “structurally exposed in ways that ...

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 ...

Australia faces recession risk from Iran war Know the news with the 7NEWS app: Download today “The longer this goes on, the ...

Australia in the early 1990s was a country of boarded‑up shopfronts, for sale signs that lingered for months, and queues of job seekers clutching their résumés outside Centrelink offices. Mortgage ...

Australia's economic slowdown is just beginning, economists warn, as interest rate rises and cost-of-living pressures weigh on households. The economy grew just 0.3 per cent in the first quarter of ...

Australia has entered its first recession since 1991 after the economy shrank 7 percent in the second quarter, official figures showed Wednesday, as the country reels from the coronavirus pandemic.

Australia will have the longest run of weak economic growth since the recession as unemployment soared to COVID levels, ...

In a grim market update, HSBC chief economist Paul Bloxham has sounded the alarm on the potential of a recession as the economy cools. Australian Bureau of Statistics (ABS) figures released on ...