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The Guardian - AU
The Guardian - AU
Business
Greg Jericho

IMF sees bleaker economic times ahead for Australia, but the picture’s not all bad

International Monetary Fund Australia United States China Unemployment Inflation Economy India
A crowd of people cross a Sydney street
‘The IMF is more optimistic about unemployment for this year than it was six months ago, but you can’t predict historically low economic growth in 2024 and not expect that to affect jobs.’ Photograph: Jason Reed/Reuters

This week the International Monetary Fund released its latest six-monthly world economic outlook and global financial stability report. As you might imagine with reports that have “world” and “global” in their titles, they cover a wide range of issues, so let’s breakdown what you need to know.

1. Rough times ahead

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