Tag: recession

Australia’s private sector has seen a continued expansion in May, posting above the 50.0 no-change mark for a second consecutive month amid sustained expansion in services activity as manufacturing output shrank for a sixth straight month. 

Mid-sized operators are emerging from 2022 with strong results, and benefit from firmly embedded flexibly, according to new research from business management platform MYOB. However, with ongoing economic challenges facing Australian businesses, as well as cyber risks and a possible recession front of mind, the mid-market are under no illusions about the difficulties that lie ahead. 

New research reveals that 79 per cent of Australians would support more mining – and 51 per cent would support more coal mining – if it would help strengthen the Australian dollar and avoid a recession.