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Newsroom edition: why it feels like a recession even though it’s not

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May 30, 2024 10:00am

20m

While the Australian economy has not dipped into recession, consumers are still struggling to afford the essentials. This widening gap between a slightly improving economy and households continuing to feel the pinch of the cost-of-living crisis has been called a ‘vibecession’.Bridie Jabour speaks with deputy editor Patrick Keneally and head of news Mike Ticher about how the economy is making Australians feel and why that may say more than the numbers