The West Australian ·australia ·1 hour ago

Australia’s economy set for slowest growth since 1991 recession: Deloitte

Australia's economy is set for its slowest growth since the 1991 recession, according to Deloitte. The firm forecasts GDP growth of less than 2 percent over the next two years, with unemployment rising to 5 percent by 2028. Structural vulnerabilities and high immigration levels have obscured long-term productivity issues, impacting living standards.

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Published 07 Jul 2026, 00:46 UTC · Updated 07 Jul 2026, 00:50 UTC

Summary by OZbrief Editorial. Original report: The West Australian. Editorial policy · Corrections