World Apr 24, 2026 · 1 min read

Feeling gloomy about the economy? The ‘vibecession’ has arrived in Australia – but experts are less worried

A poll shows most Australians think the country is either in a recession or will be soon. Economists have a different viewGet our breaking news email, free app or daily news podcastAustralian households were already on edge before the bombs started falling in Iran.The cost of living was high and inf...

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The Guardian
by Patrick Commins
Feeling gloomy about the economy? The ‘vibecession’ has arrived in Australia – but experts are less worried

A poll shows most Australians think the country is either in a recession or will be soon. Economists have a different view

Australian households were already on edge before the bombs started falling in Iran.

The cost of living was high and inflation was accelerating again, forcing the Reserve Bank to start ratcheting up interest rates.

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This article was originally published by The Guardian and written by Patrick Commins.

Read original article on The Guardian
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