Are We In A Recession 2024 Australia. The oecd’s latest economic outlook report has downgraded australia’s gdp growth forecast for 2024 to 1.1%, compared with 1.5% in its previous report in may. Inflation has continued to fall, supporting real incomes, but.
We’ve seen household disposable income fall in real terms more than any other advanced country in the world and we have a gdp per person recession, shadow treasurer. Australians who have hit the pavement in search of a job recently might have found it tough going, as bosses.
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