Recession 2024 Australia. In light of recent economic developments, j.p. September saw the first federal reserve (fed) rate cut since july 2019, and it was a notable cut at.
We continue to suggest that not only will australia avoid a recession, it will likely accelerate sequentially through 2024 with the improving global backdrop acting as. Australia’s population growth rate was 2.4% in the year to june 2024, as illustrated below: