Recession 2024 Australia

Recession 2024 Australia. Australian economy grew 0.1% in the march quarter 2024. There are many factors that have driven australia’s strong period of growth since the last recession in 1991, including strong population growth, robust export growth and balanced.

In difficult economic times, the prospect of recession is often raised, but koulizos said australia’s low unemployment rate makes recession unlikely in. Ong says there are three key reasons why australia could avoid a recession.