Several indicators suggest Australia might be heading for a recession - if not already in one - as oil shock from the Middle East crisis and interest rates smash consumer confidence.

Economists predict Australia’s economy could suffer its worst quarterly fall since the 1990s outside of the Covid pandemic.

Morgan Stanley has warned that earnings of Australia’s largest banks could fall by as much as 11 per cent if higher borrowing ...

As fuel costs surge and supply fears grow, businesses and households say the economic shock from the war in the Middle East ...

Higher fuel prices mean that households who have little choice about how much fuel they use have less to spend on other goods ...

Whispers that a recession could reach Australia are increasing amid growing economic turmoil. But you shouldn't worry just ...

Fears of a recession loom large as the battle over the Strait of Hormuz dashes hopes of a swift end to the conflict in the ...

Modelling by Deloitte Access Economics shows that if oil prices rise, the nation could face mass unemployment and surging ...

Talk of a recession in Australia has picked up in recent weeks. Here's what the data is telling us about the likelihood of ...

Jim Chalmers says he does not expect Australia to be dragged into a recession because of the oil shock caused by the US ...

Australia has entered its first recession since 1991 after the economy shrank 7 percent in the second quarter, official figures showed Wednesday, as the country reels from the coronavirus pandemic.

Treasurer Jim Chalmers is confident Australia can avoid a recession despite the fuel supply shock.