Likelihood Of Recession In Australia 2024

Likelihood Of Recession In Australia 2024. Vanguard continues to expect that australia will just avoid a recession in 2024, with a forecast economic growth rate below trend at around 1%. Experts say there is a 50 per cent chance of a recession in australia next year, but the upside is it will be short lived and followed by a strong recovery.

Pub baron craig laundy says spending across his. “with 0.1% growth in the march quarter and annual growth of just 1.1% over the previous 12 months, the australian economy has been “a heartbeat away from a.