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Impact of Global Financial Crisis on Australia: A Complete Analysis

Impact of Global Financial Crisis on Australia: A Complete Analysis

September 4, 2025 Category: Blog

The Global Financial Crisis (GFC) of 2007–2008 was one of the most significant economic downturns since the Great Depression. Triggered by the collapse of the U.S. housing market and the failure of major financial institutions, it sent shockwaves across the global economy. While many developed nations faced recessions, skyrocketing unemployment,

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