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IMF finds Australia managing ‘soft-landing’ on economic recovery
The International Monetary Fund released a report on Sunday saying the Australian economy was managing a “soft landing” but said inflationary pressures had “re-emerged” in recent months.
Executive directors welcomed Australia’s progress toward a soft landing and internal balance, notwithstanding uncertainties regarding residual excess demand and supply capacity in the context of weak productivity growth.
It was a very positive report about Australia and about the government’s economic plan, it was a powerful endorsement. … It described our budget management as effective.
Continue reading...Source: Guardian - World News
