• Australian Treasurer Chalmers: Economy will not have a recession

Market news

11 October 2022

Australian Treasurer Chalmers: Economy will not have a recession

Australia’s Treasurer Jim Chalmers dismissed the odds of a recession during his speech on Tuesday.

Key quotes

Australia will not have a recession.

Not our expectation that the Australian economy will go backwards.

the budget will not have a recession forecast in Australia.

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