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Business

Andrew Brown

Economy strong but slowdown on horizon, IMF warns

International Monetary Fund Economy the International Monetary Fund Australia Jim Chalmers Inflation

The International Monetary Fund has warned a slowdown is on the cards for Australia's economy. (James Gourley/AAP PHOTOS)

The International Monetary Fund has warned a slowdown is on the cards for Australia's economy, despite the recovery post-COVID being stronger than most other nations.

In its latest assessment of Australia's finances, the global body said while the economy was performing well, growth was set to weaken, fuelled by cost of living pressures and a slowdown in productivity.

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