Recession: Labor Government and World Organisations

recession: Australia has not suffered a recession for over a quarter of a century, having avoided the 2008-2009 global recession under the previous Labor government, according to Nine News Australia. Talk of a global downturn has resurfaced in recent months as world organisations like the International Monetary Fund continually downgrade the economic outlook. To improve your experience update it here News National Federal Election Scott Morrison warns of 'Labor recession'By AAP3 40pm Apr 14, Minister Scott Morrison insists a vote for the coalition is the best defence against Australia slipping into a recession, while accusing Labor of wanting to put a 387 billion 'tax bomb' on the economy. God forbid we would ever have another recession, Mr Morrison told a Liberal party rally in Brisbane today, the fourth day of the federal election campaign. But he warned Australia would be held back under Labor because it wants to put a 387 billion tax bomb on the economy, a figure Treasury has distanced itself from. I don't want my children to ever have to live through a recession but if you stick to the policies of the Liberal National Party, that is the best defence that you can ever think of for going against a recession. (news.financializer.com). As reported in the news.