News Asia16 Jan 2023

Australia:Actuaries sketch low-probability, high-impact economic scenarios

| 16 Jan 2023

The Actuaries Institute has warned in a report that there are some low probability but plausible scenarios that involve a significant recession within the next 15 years. These scenarios involve policymakers veering off course and burdening businesses and the public with stagflation, mismanaging a collapse in house prices, or excessive government spending.

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