Economy · Finance
Why unemployment is the more reliable gauge when declaring recession
Ian Verrender · ABC News (AU)
Published 6 Oct 2026, 5:26 am·2 d ago·1 min read
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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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