Australia has managed to avoid recession so far. I know that's only technically true, but that's the best kind of true. (We had a lot of defense spending in o

Australia has managed to avoid recession so far. I know that's only technically true, but that's the best kind of true. (We had a lot of defense spending in one quarter that pushed us over the line between contracting/expanding.) It'll be interesting to see how Q1 2016 goes. Even if it is a recession, it's not a normal one, since unemployment is going down.