What do war, interest rate rises and oil at $200 a barrel mean? A recession
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Source: The Age
Published: 2026-03-12 19:30 UTC+10:00
Section: Politics / Federal
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Health, Military & Defence, Australia, Energy, Economy & Finance, Business & Economy, War & Conflict
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Snippet:
It took a once-in-a-century pandemic to drive Australia into its first recession in a generation. It could take oil prices at $US200 a barrel and an inflation breakout to again push the nation to the economic brink.
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