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What is a recession and are we in one? A bluffer’s guide

Google Trends searches for recession hit their highest level since 2020 as officials say the economy is still growing and not forecast to contract.

Summary by PressNewsAgency
As Michele Bullock explained why the Reserve Bank had lifted interest rates for a fifth time this year on Tuesday afternoon, Australians hit Google. Something the RBA governor said in response to reporters’ questions caught their ears and got them wondering. “We are not looking to tip the economy into a recession if we can […]

5 Articles

Sydney Morning HeraldSydney Morning Herald
+4 Reposted by 4 other sources
Lean Left

What is a recession and are we in one? A bluffer’s guide

Australia’s last recession amid the COVID-19 pandemic left many people better off. A recession this time around may be very different.

·North Sydney, Australia
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Bias Distribution

  • 75% of the sources lean Left
75% Left

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Sydney Morning Herald broke the news in North Sydney, Australia on Friday, November 6, 2026.
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