recession

Social protection and the viral recession

So far, Australia’s help for people displaced, self-isolating or ill has been far from generous.

Qantas grounds international fleet at Kingsford Smith Airport, Sydney NSW.

The COVID-19 emergency has the potential to trigger the collapse of some airlines in Australia. But with its high ‘public good’ value, a future without Qantas is one we cannot afford, says Tim Harcourt.

Commuters on a train in Melbourne wear a mask to protect themselves against COVID-19.

An Australian recession is likely to be part of a global slump, with some workers especially vulnerable, says a UNSW Economics expert.

josh frydenberg, brendan murphy, scott morrison and greg hunt

Investment incentives might not be enough. We'll need public investment and forced increases in wages.

Australia economy

The progress the Australian economy was making has been slowed or reversed, at exactly the wrong time.

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There are three things to watch as we wonder whether a recession is imminent, says UNSW Business School's Elvira Sojli.

slow down sign

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.

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Australia has not been in recession for 27 years. Here's a reminder of the basics.

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Stalling consumer spending is a major factor behind this morning's figures, says UNSW Business School's Richard Holden.

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Back in 2008, Australia got lucky. We are unlikely to get lucky again when the seemingly unending economic growth finally ends.

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