Australia’s economic slowdown is just beginning, economists warn, as recession risks rise
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. “Surging inflation, sky-high…