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Why unemployment is the more reliable gauge when declaring recession

Pandemic aside, Australia hasn't experienced a recession caused by rising interest rates since the early 1990s. Now in the current rate-hiking cycle, RBA governor Michele Bullock concedes the risk of recession remains a possibility.

Photo: ABC News

Pandemic aside, Australia hasn't experienced a recession caused by rising interest rates since the early 1990s. Now in the current rate-hiking cycle, RBA governor Michele Bullock concedes the risk of recession remains a possibility. 

Originally published by ABC News. Read the full story at the source →

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