That's what many commentators are saying. We might have a recession soon, thanks to the Mining Bust, Capex Cliff, Budget Black Hole and Failed Rebalancing.
Today's Capex statistics is a disappointiing tale of recessionary proportions. The RBA will have no choice but to cut rates further.
http://www.businessspectator.com.au/article/2015/5/28/australian-news/holes-economy-just-got-bigger
Today's Capex statistics is a disappointiing tale of recessionary proportions. The RBA will have no choice but to cut rates further.
http://www.businessspectator.com.au/article/2015/5/28/australian-news/holes-economy-just-got-bigger