Bank puts Australian recession risk at 50-50; Coles boss says households stretched

Multiple Australian outlets report a major bank rates the chance of an Australian recession at 50:50. Coles' boss reportedly says households are stretched to their limit.

Timeline

1. 30 Oct, 06:20 UTCFirst appeared on Google Trends
2. 30 Oct, 06:20 UTCWest Australian reports bank's 50:50 recession call
3. 30 Oct, 06:20 UTCThe Australian covers recession risk and Coles comments

Top sources

• recessionGoogle Trends
• Major bank rates Aussie recession as a 50:50 chanceThe West Australian
• Odds of Aussie recession hits 50pcNews.com.au