Sky News contributor Steve Price believes Australia is heading down the road towards a recession with inflation still high in the country. “This seems to have all developed really quickly in the last month or so,” Mr Price told Sky News host Sharri Markson. “You’re starting to hear a lot of evidence of people with six figures salaries … doing it really hard. “We are, I think, heading down the road to a recession and it just feels like it now may be inevitable.”... ( read more )
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‘We are heading down the road to a recession’: Concerns over Australia's economic future Australia, once celebrated for its robust economy and uninterrupted growth, is now grappling with the uncomfortable reality that it may be heading towards a recession. As the world deals with the ongoing COVID-19 pandemic, the Australian economy
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