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  2. Early 1990s recession in Australia - Wikipedia

    en.wikipedia.org/wiki/Early_1990s_recession_in...

    The first thing to say is, the accounts do show that Australia is in a recession. The most important thing about that is that this is a recession that Australia had to have – Treasurer Paul Keating, November 1990. The remark has continued to spark debate as to the extent of Keating's responsibility for the depth of the Recession.

  3. Economic history of Australia - Wikipedia

    en.wikipedia.org/wiki/Economic_history_of_Australia

    The recession itself became worse as other nations fell into depressions. They not only cut back on foreign investments to Australia but also led to a lower demand for Australian exports. That culminated into the biggest recession in Australia's history, which peaked in 1931–1932.

  4. Australia hasn't had a recession in 25 years - AOL

    www.aol.com/news/2016-09-07-australia-hasnt-had...

    The country just released data showing its economy hasn't experienced two straight quarters of negative growth since 1991.

  5. Economy of Australia - Wikipedia

    en.wikipedia.org/wiki/Economy_of_Australia

    [73] [74] In 2014, using constant exchange rates, Australia's wealth had grown by 4.4% annually on average after the financial crisis of 2007–2008, compared with a 9.2% rate over 2000–2007. [75] Australia's sovereign credit rating is "AAA" for all three major rating agencies, higher than the United States of America.

  6. 1973–1975 recession - Wikipedia

    en.wikipedia.org/wiki/1973–1975_recession

    Source: Bureau of Economic Analysis The 1973–1975 recession or 1970s recession was a period of economic stagnation in much of the Western world (i.e. the United States, Canada, Western Europe, Australia, and New Zealand) during the 1970s, putting an end to the overall post–World War II economic expansion.

  7. Experts are warning of a global recession. Here’s what that ...

    www.aol.com/experts-warning-global-recession...

    The US was last in a recession between December 2007 and June 2009, the longest and most severe since 1960. Dubbed “The Great Recession,” the economic slowdown was sparked by a steep decline ...

  8. Great Recession in Oceania - Wikipedia

    en.wikipedia.org/wiki/Great_Recession_in_Oceania

    Australia's recession affected New Zealand's economy as Australia was New Zealand's biggest export market. [2] [3] It is said that the term Great Recession as a description of the post-2008 slump is not recognized by Australians particularly those under 30 due to its mild, intangible impact on the country's economy. [4]

  9. NC economist explains when we’ll know the recession is here ...

    www.aol.com/news/recession-explained-one...

    The term recession is being thrown around a lot. Here are the basics.