RBA research finds Australia has up to an 80 per cent recession risk to get inflation under control

RBA governor Philip Lowe has repeatedly said that Australia is walking a "narrow path" to lower inflation without a recession. (AAP/Pool: James Brickwood)

Previously unpublished internal research from the Reserve Bank estimates that Australia's risk of recession over this year and next could be as high as 80 per cent.

The research, released as a result of a freedom of information request, includes modelling from a senior analyst in the RBA's Economic Analysis Department.