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The Times

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...

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