Feeling gloomy about the economy? The ‘vibecession’ has arrived in Australia – but experts are less worried
Reserve Bank to start ratcheting up interest rates.
It’s clear that this is a time of [deep uncertainty and anxiety](https://www.theguardian.com/australia-news/2026/apr/14/stagflationary-shock-from-iran-war-a-nightmare-as-confidence-among-australian-households-crashes).
Nevertheless, it is striking that more than six in 10 Australians