Australia does not face a recession, but the economy will be affected by the crisis of confidence in global financial markets, Assistant Treasurer Chris Bowen says.
49531
Australia not facing a recession:
40957
Legislation will not prevent another financial crisis
123070
Global economy still fraught with uncertainty:
86886
'We're not moving into a recession'
152186
Currency war may hinder economic recovery
110217
Volatility set to continue in Australian stocks
167979
Financial crisis yet to peak
28032
Australian market set to open lower
28626
Downturn 'likely to cause recession':
130249
Australian economy goes backwards
151311
Australian market ends in negative territory
91722
Global economy faces grave crisis:
41513
Global economy going through choppy waters:
74709
Aussie falls as economic performance deteriorates
165002
Another credit squeeze threatens corporate Australia
67370
'Europe may avoid recession'
166477
'We are nowhere near recession'