Recession now major risk in next 12 months, economist warns

Twitter Facebook Email Think of Australia’s $2.2 trillion economy. Now flip a coin.According to a leading economist, that is the 50 per cent risk the Australian economy falls into a damaging recession at some time in the next year, following 12 punishing rate hikes which have so far failed to substantially rein in inflation.Millions of households are… Continue reading Recession now major risk in next 12 months, economist warns