Are We Currently In A Recession 2024au

Are We Currently In A Recession 2024au. Conditions in the labour market could deteriorate by more than expected. Recently, the key drivers of inflation have been domestic in.

Rba officials say that, at this point, they still have confidence australia can avoid a recession. Australians should brace for a weaker economy in 2024 as higher interest rates force families to tighten their belts, but the country should avoid a recession this.