A poll shows most Australians think the country is either in a recession or will be soon. Economists have a different view
Get our breaking news email, free app or daily news podcast
Australian households were already on edge before the bombs started falling in Iran.
The cost of living was high and inflation was accelerating again, forcing the Reserve Bank to start ratcheting up interest rates.
Continue reading…
Source link : https://www.theguardian.com/business/2026/apr/24/feeling-gloomy-about-the-economy-the-vibecession-has-arrived-in-australia-but-experts-are-less-worried
Author : Patrick Commins
Publish date : 2026-04-24 08:12:00
Copyright for syndicated content belongs to the linked Source.
