Treasurer Jim Chalmers Eases Recession Fears, Rejects Claims Of Government Spending Fueling Inflation
Treasurer Jim Chalmers has denied that Australia is on the brink of recession, following a huge global selling of stocks on Monday, erasing more than AU$100 billion from the share market. The markets gained 0.41%, on Tuesday, after nosediving to 3.7%, on Monday, the worst single-day drop, since the onset of Covid in May 2020. … Read more
