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Recessions affect us all. Unemployed line via www.shutterstock.com

How do we know if we’re in a global recession?

Stock markets have been falling all year on concern the world risks slipping into a recession, which begs the question: how would we know if we were in one?
Reserve Bank Governor Glenn Stevens has helped Treasurer Joe Hockey make his case for boosting the economy, but will it be enough? Alan Porritt/AAP

How to multiply the rate cut impact and unshackle the economy

This week’s Reserve Bank interest rate move surprised virtually everyone, bringing the cash rate to 2.25%, yet another historic low. Despite Australian Treasurer Joe Hockey suggesting the rate cut means…
Cutting a dash. A 1957 Chevrolet. Randy von Liski

Hard Evidence: are we facing another financial crisis?

Taken at face value, David Cameron’s warning this week about risks in the global economy sounds like it might be wonderfully prescient. Here’s the country’s economic chauffeur, carefully checking his instrument…

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