Worst-case scenario modelling by Treasury shows oil prices as high as $200 a barrel in September quarter and inflation at 7.25% due to Iran war ...

Talk of a recession in Australia has picked up in recent weeks. Rising fuel prices, a sharp fall in consumer confidence, and signs of softer spending have all added to concerns the economy may be ...

PwC's Chief Economist Amy Lomas says Australia's exposure to the Iran shock has lifted the probability of a recession, but ...

AMP Chief Economist Shane Oliver says the federal budget hasn’t “added to the risk” of recession.

We have borrowed, spent, and imported our way into a corner with no easy exit. What if Chalmers' Budget isn't enough to get ...

A poll shows most Australians think the country is either in a recession or will be soon. Economists have a different view ...

Australia faces recession risk from Iran war Know the news with the 7NEWS app: Download today “The longer this goes on, the ...

Australia’s position in the economic turbulence triggered by the US-Israel war on Iran is a “weakened” one, Nationals Senator ...

Microbusiness Chief Economist Leith Van Onselen warns Australia is on the brink of recession as consumer and business ...

As fuel costs surge and supply fears grow, businesses and households say the economic shock from the war in the Middle East ...

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.