Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Australia's economic slowdown is just beginning, economists warn, as recession risks rise
Australian Broadcasting Corporation ^ | 4 June 2026 | David Taylor

Posted on 06/07/2026 5:51:15 PM PDT by BlackVeil

Australia's economic slowdown is just beginning, economists warn, as interest rate rises and cost-of-living pressures weigh on households.

The economy grew just 0.3 per cent in the first quarter of 2026, the Australian Bureau of Statistics revealed on Wednesday, but the figures only captured the first month of the Middle East war.

(Excerpt) Read more at abc.net.au ...


TOPICS: Australia/New Zealand; News/Current Events
KEYWORDS: australia; economy; recession

Click here: to donate by Credit Card

Or here: to donate by PayPal

Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794

Thank you very much and God bless you.

In Australia, both unemployment and inflation are much higher than the official figures.
1 posted on 06/07/2026 5:51:15 PM PDT by BlackVeil
[ Post Reply | Private Reply | View Replies]

To: BlackVeil

and canada is technically in a recession ...


2 posted on 06/07/2026 6:09:37 PM PDT by catnipman ((A Vote For The Lesser Of Two Evils Still Counts As A Vote For Evil))
[ Post Reply | Private Reply | To 1 | View Replies]

To: BlackVeil

More windmills and solar panels! That’s the answer!


3 posted on 06/07/2026 6:14:42 PM PDT by technically right
[ Post Reply | Private Reply | To 1 | View Replies]

To: BlackVeil

,,, no doubt there will be some expensive yachts being let go at bargain prices if the situation keeps running. One day my ship will come in but with my luck I’ll be at the airport. Get Pauline Hanson into the top job ASAP.


4 posted on 06/07/2026 6:17:55 PM PDT by shaggy eel (A long way south of the border.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: BlackVeil

Maybe importing Africans to terrorize major city sections has something to do with it.... Nah. I read the Senegalese gangsters they imported and put on welfare didn’t benefit the economy.


5 posted on 06/07/2026 7:20:04 PM PDT by Organic Panic
[ Post Reply | Private Reply | To 1 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson