Australia facing a slowdown but will avoid recession.

The article reports on the analysis revealed by the Russell Investments Market Barometer which stresses that the economy of Australia has slowed down but is expected to avoid recession. It cites that the Barometer has recognized the fact that share markets in Australia has felt the pressure of the financial crisis. The Barometer analysis stated the Australia may experience economic crisis similar to U.S., however, the difference between the two is the supply of houses for immigrants.