The IMF's Article IV mission warns of the risks
Pretty sure they always do. Dour lot the IMF.
- Say the RBA should keep rates low
- economic expansion expected to continue
- expects to see gradual upward pressure on wages and prices
- notes and welcomes slowing in housing market
- Warns of risks from slower China growth, trade tensions
- Note that a 'sharp tightening of global financial conditions could spill over into domestic financial markets' - would raise funding costs, negative impacts on borrowers
