IMF with their Article IV concluding statement
- See ozzie economic growth at 2.9% in 2018 and 3.1% in 2019
- forecasts unemployment 5.3% this year and 5.2% next year, 5% in 2020
- CPI 2.1% in 2018 and 2.2% in 2019 ... core inflation 1.8% and 2.1% respectively
- Cite risks from both domestic and offshore
Bloomberg with the headlines
More ...
- negative external risks
- domestic financial vulnerabilities
IMF prescribe:
- maintain prudent policies
- continue to address financial vulnerabilities
- raise long-term productivity
Positives:
- more robust global outlook
- employment growth
- infrastructure investment should help accelerate economic expansion
- macroeconomic policy stance has become more supportive
- monetary policy stance is accommodative