As the risk of recession looms over Australia’s economic outlook, Sky News business reporter Edward Boyd looks back to the 90s as well as forward to the latest data that is tipping the pendulum right now.... ( read more )
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Recession Risk Looms Over Australia’s Economy Australia's economy has been facing increasing uncertainty and volatility in recent months, with the risk of a recession becoming a growing concern. As the country confronts a range of challenges, including a global economic slowdown, declining consumer confidence, and political uncertainty, experts warn that Australia may not be able to maintain its long period of economic growth. One of the major contributing factors to Australia's economic vulnerability is its heavy reliance on the Chinese economy. China is Australia's largest trading
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