Recession off the cards but Australia faces dreary outlook, economists say

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Source: Guardian Australia
Published: 2026-07-08 01:00 UTC+10:00
Section: Australian economy
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Middle East, Military & Defence, Australia, Energy, Economy & Finance, Business & Economy, War & Conflict
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Snippet:
De-escalation of war in the Middle East has lowered oil prices and eased fears of economic downturn but households are still feeling the pinch
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