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Westpac CEO Warns of Potential Recession in Australia
Primul articol: 3 apr. 2026, 07:05
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Ultima actualizare: 3 apr. 2026, 07:05
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Westpac CEO Anthony Miller has cautioned about the possibility of a recession in Australia. This warning is attributed to the increasing interest rates implemented to combat inflation, which could stifle economic growth. The statement highlights growing anxieties about the Australian economy's resilience in the face of global economic headwinds.Articole despre acest subiect
'There's a chance of a recession,' warns Westpac boss
Westpac's chief executive, Anthony Miller, says Australians need to acknowledge there is a growing risk the country could slip into recession, amid the Iran war-driven fuel crisis and rising interest rates.
Citeste pe ABC Australia →