News Australia ‘unlikely’ to face recession despite pressure 30/08/2023 FacebookTwitterEmail The Reserve Bank of Australia has forecast a slowing in economic growth in the second half of 2023. Picture: Bianca De Marchi/AAP. by Paul Osborne, AAP Canberra Australia is expected to narrowly avoid a recession in the next year, despite higher interest rates and global economic pressures. […] Subscribe or Login to see the rest of the content. Username Password Remember Me Forgot Password