Australia has recorded its largest fall in productivity on record with concern rising wages could push prices up further, leading to a potential recession. Subscribe and 🔔: | Get more breaking news at 9News.com.au: FOLLOW 9News Australia ► Facebook: ► Twitter: ► Instagram: Join 9News for the latest in news and events that affect you in your local city, as well as news from across Australia and the world. #9News #BreakingNews #NineNewsAustralia #9NewsAUS... ( read more )
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Recession fears have heightened in Australia as the country witnesses its largest productivity drop in history. The latest data released by the Australian Bureau of Statistics (ABS) has raised concerns about the state of the economy, which is reeling under the pressure of the ongoing COVID-19 pandemic. According to a report by 9 News Aus
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