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AAP
AAP
Business
Poppy Johnston

Australia not safe from economic downturn

Australia OECD United States Economy Jim Chalmers Inflation
Australia is not immune to inflation and other troubles facing world economies, an OECD report says. (Mick Tsikas/AAP PHOTOS) (AAP)

Australia's economy may be faring better than those of Europe and the US, but the nation is not safe from gloomy global prospects.

Global growth is expected to ease from three per cent in 2022 to 2.25 per cent in 2023, the Organisation for Economic Co-operation and Development's interim economic outlook shows.

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