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The red flags of an economic downturn are flying high. As the conflict in the Middle East continues, Australian eyes are firmly on the economic fallout. We’re already feeling it through eye-watering fuel prices, which will flow through into higher costs across the economy. But now there are two major warning signs that we could… Read more »
I reckon the chances of Australia going into economic recession have increased significantly because of Tuesday’s rise in interest rates — caused by Federal Treasurer Jim Chalmers. Why? I remember back in 1990 when then Federal Treasurer Paul Keating said the economic crunch was “the recession we had to have”. Current Treasurer Jim Chalmers is… Read more »
Profit reporting season is in full swing and more economic data is emerging that suggests, as expected, inflation is starting to peak and the prospect of an economic recession is fading. Look, this isn’t new if you’re a regular reader of Your Money & Your Life. I’ve been trying to calm the farm around all… Read more »
Calm the farm, we’re not saying there’s going to be a recession (although the media does love a headline). But if we were to have one, it could be a positive thing. Here’s how. Recession, recession, recession. These words are being shouted across media headlines and newspapers around the world as we deal with the… Read more »
