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Likelihood Of Recession In Australia 2024

Likelihood Of Recession In Australia 2024. On the balance of probabilities, 2024 should be a lot tougher than 2023. Treasurer jim chalmers says the global environment has deteriorated dramatically in recent weeks, heralding the likelihood of a global recession.


Likelihood Of Recession In Australia 2024

The chances of a recession in australia climbed to 38% from 35% in april, according to 14 economists. Australia is close to recession.

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