Is Australia Heading For A Recession In 2024. The rba’s june interest rate rise has more economists worried the economy is headed for a hard landing. Australia's economy grew by 0.1 per cent over the first three months of 2024 and 1.1 per cent over the year, according to the australian bureau of statistics (abs).
Pub baron craig laundy says spending across his. The international monetary fund (imf) has released its latest world economic outlook, which forecasts economic growth of only 1.5% for australia in 2024.