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    What are the odds of a recession in Australia? | ABC NEWS

    ABC News (Australia)
    October 6, 2026
    via ABC News (Australia)

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    What are the odds of a recession in Australia? | ABC NEWS

    While the Australian economy is doing OK now, rising inflation and interest rates threaten to derail economic growth. The fear is that interest rates will rise to levels that will significantly lower spending and put millions of Australians out of work, generating a recession.

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