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ABC News
ABC News
Business
North America correspondent Carrington Clarke in Washington DC

Australia must navigate 'choppy waters' amid gloomy global economic outlook, says Jim Chalmers

Treasurer Jim Chalmers says Australia would not be spared from the global economic downturn and its impacts.  (ABC News: Cameron Schwarz)

Treasurer Jim Chalmers says Australians must steel themselves for potentially rocky times ahead as global economic forecasts predict the lowest medium term growth in more than three decades.  

Mr Chalmers is in Washington DC for the International Monetary Fund (IMF) and World Bank's biannual high-level week, which brings together finance ministers and central bankers to discuss the state of the global economy.  

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