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Economic snap-back? Not so fast

Economic snap-back? Not so fast

With the virus on the back foot, it’s tempting to declare victory. Provided we stay vigilant on the public health front, we do have...
Our needlessly precise definition of a recession is causing us needless trouble

Our needlessly precise definition of a recession is causing us needless trouble

Later today we’ll know what the bushfires and the coronavirus did to the economy in the three months to March: whether gross domestic product...
How a tightening of wallets pushed Australia into recession

How a tightening of wallets pushed Australia into recession

A go-slow on spending sent the economy backwards 0.3% in the first three months of this year, only the fourth such decline since Australia...
Australia’s first service sector recession will be unlike those that have gone before it

Australia’s first service sector recession will be unlike those that have gone before it

Australia is on the brink of its first recession in almost 30 years. The Australian Bureau of Statistics will deliver the official economic growth figure...

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