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Articles on Recession

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As uncertain as 2019-20 is, The Conversation’s team of 20 leading economists are in broad agreement that the outlook isn’t good. Scott Morrison and Treasurer Josh Frydenberg will also have to deal with the unexpected. Wes Mountain/The Conversation

Buckle up. 2019-20 survey finds the economy weak and heading down, and that’s ahead of surprises

The Conversation’s distinguished panel predicts unusually weak growth, dismal spending, no improvement in either unemployment or wage growth, and an increased chance of recession.
Reserve Bank Governor Phi;lip Lowe will keep cutting rates until he has forced inflation up and unemployment down. Dan Himbrechts/AAP

The Reserve Bank will cut rates again and again, until we lift spending and push up prices

The Reserve Bank cut interest rates on Tuesday because we weren’t spending or pushing up prices at the rate it wanted. On Wednesday we might find things are worse than it thought.
Treasurer Josh Frydenberg and Prime Minister Scott Morrison at a campaign rally. They’ll have to shore up a weakening economy. Mick Tsikas/AAP

Their biggest challenge? Avoiding a recession

Frydenberg and Morrison will have to switch from boasting about the economy to fixing it, quickly.
Good economic times have allowed us to become complacent, meaning conditions are ripe. Shutterstock

Australia’s populist moment has arrived

It’s been 27 years since our last recession. Conditions are ripe for a populist revolt when the next one arrives.
Things will continue to look good enough for long enough to help the government fight the election. Beyond that, the Conversation Economic Panel is worried. Wes Mountain/The Conversation

No surplus, no share market growth, no lift in wage growth. Economic survey points to bleaker times post-election

The Conversation has assembled a forecasting team of 19 academic economists from 12 universities across six states. Together, they assign a 25% probability to a recession within two years.

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