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5 October 2026

Why unemployment is the more reliable gauge when declaring recession

Downunder Voices Newsroom

Source reporting: abc.net.au

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Why unemployment is the more reliable gauge when declaring recession

Pandemic aside, Australia hasn't experienced a recession caused by rising interest rates since the early 1990s. Now in the current rate-hiking cycle, RBA governor Michele Bullock concedes the risk of recession remains a possibility.

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