September 4, 2024

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Is Australia Heading For A Recession In 2024

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Is Australia Heading For A Recession In 2024. International students accounted for more than half of australia’s gdp growth last year, almost singlehandedly saving the nation from recession. Previously unpublished internal research from the reserve bank estimates that australia's risk of recession over this year and next could be as high as 80 per cent.


Is Australia Heading For A Recession In 2024

Australia is close to recession. As australia’s economy slows, largely in response to higher interest rates, a key question is whether the country will fall into recession.

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