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

Modelling by Deloitte Access Economics shows that if oil prices rise, the nation could face mass unemployment and surging ...

Talk of a recession in Australia has picked up in recent weeks. Rising fuel prices, a sharp fall in consumer confidence, and ...

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 ...

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

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

OPINION ...

Treasurer Jim Chalmers said the decision would be "tough news" for Australians as the Opposition accused him of "inflation ...

The central bank’s monetary board has voted 5-4 to raise the cash rate to 4.1 per cent as the Middle East conflict threatens ...

Australia’s economy is facing mounting pressure as rising interest rates and climbing petrol prices squeeze households, ...

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 ...