Reuters reports on the IMF annual review:

  • Australia should continue to tighten monetary and fiscal policy to contain inflation even as its economy is set to slow sharply next year amid a host of downside risks, including falling house prices

IMF forecast economic growth in Oz to slow to just 1.7% in 2023/2024, citing

  • higher interest rates,
  • persistent inflation,
  • weakening export demand,
  • and declining housing prices
kangaroo Australia

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Earlier on Australia, RBA specifically: