The International Monetary Fund is warning of a sluggish outlook for the rest of the decade,warning the local and global economies face serious challenges.
As central banks get closer to bringing inflation rates under control,a debate about whether central banks should stick to their pre-pandemic inflation targets has developed.
Treasurer Jim Chalmers is heading to the US as the global economic outlook worsens.
The US and Europe will lose from the fragmentation and redirection of global investment flows,but less developed economies and China will suffer even more,the IMF says.
The IMF and international community funding package’s worst-case scenario assumes Russia’s war on its neighbour will last until late 2025.
A mob took residence in the presidential palace last year and forced the leader to flee. Since then,Sri Lanka has been trying to pull itself together.
An upper house inquiry will probe stamp duty’s impact on housing affordability and the budget bottom line.
A global survey shows people in poorer nations are more likely to view climate change as an imminent risk.
Splitting the trading world into good guys and bad guys would not suit us,nor our region.
The International Monetary Fund says Treasurer Jim Chalmers should consider the $254 billion stage three cuts as part of a whole review of the tax system.
The IMF thinks this year could be a turning point for the global economy. There are,however,plenty of uncertainties that could change things quickly.