By Jessica Stanic · 3 March 2009 · Locked
Treasurer Wayne Swan warns of a looming recession, citing the impact of failing US and Asian economies on our growth. But how far will the downturn go, and what does it mean for your wallet?
Treasurer Wayne Swan has predicted that the economy is set to nosedive even further in the next few months as the backlash of the failing US and Asian economies hits Australia. Swan warned that the collapse of output amongst Australia’s major trading partners will have a dramatic impact on our economic growth. Growth in the […]
Tags: Asian Economies, Aussie Exports, Economic Growth, Federal Government, Recession, Stimulus Package, Wayne Swan