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Consumer spending: How it s changed over the past two years amid inflation, high interest rates

Consumers have had to rearrange their shopping baskets since the 2022 election to continue buying the things they need.

Jim chalmersWade tubmanCommonwealth bankAustralian bureau of statisticsAustralian bureauGareth aird

Economy in slow lane but interest rate cuts no closer

A weakening economy suggests interest rate hikes are working but with the job not yet done on inflation,.

Jim chalmersMichele bullockTaylor swiftCherelle murphyAustralian bureau of statisticsCommonwealth bankGareth airdAustralian bureauReserve bankAustralia governor michele bullock

No recession on horizon despite tepid growth: treasurer

Weak economic growth in the first three months of 2024 does not signal that Australia is heading into a recession, the treasurer says.

Australian capital territoryCherelle murphyMichele bullockJim chalmersKat wongTaylor swiftIan meikleAustralian bureau of statisticsCommonwealth bankPoppy johnstonTreasurer jim chalmersGareth airdAustralian bureauFormula oneAustralia governor michele bullock

Chalmers rebuffs recession fears amid weak economic growth

Australia is not expected to fall into a recession, Treasurer Chalmers has assured, even as interest rate hikes slow the economy to a crawl.

Jim chalmersMichele bullockCherelle murphyTaylor swiftAustralian bureau of statisticsCommonwealth bankTreasurer jim chalmersGareth airdAustralian bureauFormula oneAustralia governor michele bullock

Economy in slow lane but interest rate cuts no closer

A weakening economy suggests interest rate hikes are working but with the job not yet done on inflation,.

Jim chalmersMichele bullockCherelle murphyTaylor swiftCommonwealth bankAustralian bureau of statisticsGareth airdAustralian bureauReserve bankAustralia governor michele bullock

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