Australia has two options to keep out of recession, neither of them easy. The government will have to abandon its determination to get the budget into surplus.
Australia has not been in recession for 27 years. Here's a reminder of the basics.
Stalling consumer spending is a major factor behind this morning's figures, says UNSW Business School's Richard Holden.
Back in 2008, Australia got lucky. We are unlikely to get lucky again when the seemingly unending economic growth finally ends.
To really understand the risks in the economic outlook, it is important to step back from a story-telling approach and take an an objective look at the data, writes James Morely.
Europe is in a major bind. The only way to make Greece, Spain and Portugal competitive is to force major adjustments upon them, writes Ross Buckley.