CANBERRA, ACT, Jan. 22 -- The Treasurer of Australia issued the following media release:
The OECD's survey on Australia released today highlights the recovery in our economy and the Government's responsible economic management in uncertain times.
This report is a powerful endorsement of Labor's economic management and reform agenda.
The OECD has confirmed that the Albanese Government has been able to achieve a "soft landing" in Australia's economy in the face of substantial global volatility by getting inflation down while avoiding a recession and keeping unemployment low.
The report says that without Labor's economic management, including cost of living support to households, Australia might have experienced a recession in 2023-24 - wh...