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  • All the signs Australia is sitting on the edge of a recession, from rising insolvencies to historically low home building rates

All the signs Australia is sitting on the edge of a recession, from rising insolvencies to historically low home building rates

Australian insolvency rates have hit a four-year high and are roughly 25% higher than they were pre-pandemic, and some are blaming the Albanese-led Labor government for the slow demise of the Australian economy.