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The Conversation

Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University

Australia's biggest economic threat isn't home-grown. It's a recession, originating in the United States

Wayne Swan Recession Australia Jim Chalmers United States Hank Paulson Katy Gallagher Martin Wolf US Federal Reserve

A recession in the US usually brings on a recession in the rest of the world, although not always in Australia.

Australia has escaped such a recession twice in the past 50 years.

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

French Students Have Taken To The Streets Over Learning Conditions. Thousands Have Been Detained.

The unrest is adding political pressure as France struggles with a 5.1% deficit, rising debt and a contentious push to rein in public spending.

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