4.9K views · 51 reactions | Australia is expected to see an official confirmation of recession today. #9News | 9 News Adelaide | Facebook
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4.9K views · 51 reactions | Australia is expected to see an official confi…
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8K views · 36 reactions | For the first time in almost 30 years Australia is in recession. The summer bushfires and coronavirus crisis have combined to shrink the economy in the first few months of 2020, and Treasurer Josh Frydenberg warns the worst is yet to come. More: https://7news.link/2yXCMpM #auspol #7NEWS | 7NEWS Adelaide | Facebook
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Australia's economy barely grew in the first three months of 2024 and outside of the pandemic, it expanded at the slowest annual rate since the 1990s recession. GDP per capita fell for the fifth consecutive quarter but record population growth is keeping Australia out of recession. The Treasurer Jim Chalmers blamed the weak growth on "higher interest rates... persistent inflation and ongoing global uncertainty." | ABC News
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Australia's economy barely grew in the first three months of 2024 and …
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#BREAKING: For the first time in almost 30 years, Australia's economy is officially in a recession after June quarter data revealed the nation's gross domestic product has shrunk by 7 per cent. Details: http://9Soci.al/QlFO30r7F14 #9News | Nightly at 6.00pm | 9 News Sydney
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By some measurers, Australia is already in a recession after official GDP data shows weaker growth, as households come under intense financial pressure. #9News | WATCH LIVE 6pm | 9 News Melbourne
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21 reactions · 29 comments | Australia's economy has slipped into a per capita recession – registering two negative quarters of per-capita GDP growth. Watch the full episode at www.skynews.com.au/flash | Sky News Australia | Facebook
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