Australia is “exposed to” recession risk as inflation remains well above the Reserve Bank of Australia’s 2-3 per cent target band in a blow to Treasurer Jim Chalmers.

Australian growth will be okay today, by all accounts. Forecasters have the December quarter coming in at 0.7-1.1% supported, largely, by, you guessed it, Albo’s rampant spending. Despite a ...

Australia has entered its first recession since 1991 after the economy shrank 7 percent in the second quarter, official figures showed Wednesday, as the country reels from the coronavirus pandemic.

EQ Economics Managing Director Warren Hogan warned Australians’ living standards had been “whittling away” after inflation ...