If we want to avoid a recession brace for pain says Treasurer

Treasurer Jim Chalmers has warned Australians to prepare for tough times ahead as the inflation rate continues to spike and a recession looms in the wings. Treasury has forecast inflation to peak at 7.75 per cent by year’s end, well above earlier predictions, with real wage growth not expected until the end of 2023. Brace … Continue reading If we want to avoid a recession brace for pain says Treasurer