Deloitte delivers grim economic forecast, WiseTech shares rally | Finance Report | ABC NEWS
Community Score: 50% | 2.3K views | 1w
0 community ratings: null thumbs up, null thumbs down
A new report from Deloitte has forecast a sharp slowdown in Australia's economic growth — not a recession, but the longest period of weak growth since the 1990s. Meanwhile, WiseTech Global shares rallied with chair Richard White to step down, but stick around on the company board. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2026-07-07/asx-markets-business-live-news-jdate-year-july-7-2026/106887200 Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia #abcbusiness
Tags: Australia, abc, abc news, news, finance news, finance report, economic news, economy news, economic forecast, australia growth, slow growth australia, australia recession, australian economy, australian economics, australian news, investment news, business news, markets news, market snapshot, top movers
More from ABC News (Australia)
- The biggest market sell-off since 'Liberation Day' | The Business | ABC NEWS — Score: 50%
- Designer Katie Perry wins trademark case against pop star | ABC NEWS — Score: 50%
- A look around the NT as residents deal with flooding emergency | ABC NEWS — Score: 50%
- Bundaberg homes inundated after Burnett River peaks | ABC News — Score: 50%
- Reindeer races in Finland draw international crowds | The World | ABC NEWS — Score: 50%
- Grave fears for Iranian footballers after Australia asylum saga | The World | ABC News — Score: 50%