Worst-case scenario modelling by Treasury shows oil prices as high as $200 a barrel in September quarter and inflation at 7.25% due to Iran war ...

Australia’s central bank should move to a cash rate of five per cent sooner rather than later in order to avoid a “very bad recession”, according to a senior economist who warned high inflation could ...

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 ...

PwC's Chief Economist Amy Lomas says Australia's exposure to the Iran shock has lifted the probability of a recession, but ...

Jim Chalmers’ budget test is just getting tougher. More than three-quarters of people believe Australia will enter recession, ...

As fuel costs surge and supply fears grow, businesses and households say the economic shock from the war in the Middle East ...

Microbusiness Chief Economist Leith Van Onselen warns Australia is on the brink of recession as consumer and business ...

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.

AMP Chief Economist Shane Oliver says the federal budget hasn’t “added to the risk” of recession.

Australia has again experienced a per capita recession as GDP grew by only 0.2 percent in the March quarter with the year-on-year growth coming in at just 1.3 percent, according to data released by ...

As treasurer Jim Chalmers weighs ‘extreme uncertainty’, one economic scenario sees global growth plunging to just 2% in 2026 ...