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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. 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]

  6. 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.

  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. Early 2000s recession - Wikipedia

    en.wikipedia.org/wiki/Early_2000s_recession

    The recession affected the European Union during 2000 and 2001 and the United States from March to November 2001. [1] The UK, Canada and Australia avoided the recession, while Russia, a nation that did not experience prosperity during the 1990s, began to recover from it. [citation needed] Japan's 1990s recession continued. A combination of the ...

  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.