‘Sharp contraction’: Bank’s grim warning - news.com.au


8/10/2022 12:00:00 AM2 years 8 months ago
by Alex Turner-Cohen

<p>The boss of Australia&rsquo;s largest bank has warned that the economy is already declining and that a &ldquo;short, sharp contraction&rdquo; is on the way. </p>

The boss of Australia’s largest bank has warned that the economy is already declining and that a “short, sharp contraction” is on the way. Late on Wednesday, the chief executive of the Commonwealth… [+2194 chars]

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