Australia is “exposed to” recession risk as inflation remains well above the Reserve Bank of Australia’s 2-3 per cent target band in a blow to Treasurer Jim Chalmers.

Australia has entered its first recession since 1991 after the economy shrank 7 percent in the second quarter, official figures showed Wednesday, as the country reels from the coronavirus pandemic.

Australia risks heading into recession if policy makers don't face reality and find a way to help boost productivity. And the spectre of stagnating living standards and an inability to address the ...

The Australian dollar is currently trading away from its fundamental value, indicating potential misalignment with economic ...