Several indicators suggest Australia might be heading for a recession - if not already in one - as oil shock from the Middle ...

The government is urging people to carry on as normal, despite fuel shortages, because it knows that panic will make matters ...

Economists predict Australia’s economy could suffer its worst quarterly fall since the 1990s outside of the Covid pandemic.

Morgan Stanley has warned that earnings of Australia’s largest banks could fall by as much as 11 per cent if higher borrowing costs sends Australia into a recession. There have only been four other ...

Australia is staring at 'high inflation and low economic growth for a few years', one prominent economist has warned.

Only five of 38 economists surveyed in the Financial Review’s quarterly poll say the RBA is done raising rates this year as ...

Westpac Banking Corp.’s chief executive officer Anthony Miller has warned the conflict in the Middle East has raised the risk ...

Business insolvencies will surge beyond current record levels and Australia could spiral towards recession if the oil crisis ...

With households being squeezed by rising interest rates, stubborn inflation, and soaring petrol prices, talk of a recession ...

Australia faces a significant risk of recession if the war in the Middle East continues for another few months, with ...

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.

The latest employment figures has now stoked fresh fears that Australia's economy could be shocked into a recession for the ...