Is Australia Heading For A Recession In 2024
Is Australia Heading For A Recession In 2024. Commonwealth bank of australia on friday puts the odds of a recession this year at 50%, predicting growth to slow to an annual rate of 0.7% in the last quarter and. As 2023 draws to a close the debate in global markets remains focused on the success, or otherwise, of the.
That’s the view from the australian financial review ’s survey of 40 economists, who suggest the local economy will slow to about 1 per cent by the middle. Gross domestic product (gdp) for the march.