Chalmers's economic statement to say inflation and global slowdown will slash Australia's growth
- Written by Michelle Grattan, Professorial Fellow, University of Canberra
Headwinds buffeting the economy – notably high inflation and a global slowdown – have led to a significant downgrade of Australia’s economic growth forecasts, compared with the pre-election estimates.
Treasurer Jim Chalmers will tell parliament on Thursday that estimated growth has been cut by half a percentage point for last...
