Australia’s economy is expected to slow over the next two years as global trade tensions and protectionist policies drag on growth, according to the International Monetary Fund’s (IMF) latest World Economic Outlook.
The IMF now forecasts Australia’s economy to expand by 1.8 percent in 2025 and 2.1 percent in 2026, a small downgrade from its July projection.
Longer-term growth is tipped to reach 2.3 percent by 2030, reflecting subdued confidence and weaker global demand.
The Fund said Australia’s outlook is being shaped by U.S. President Donald Trump’s renewed tariff measures and the ripple effects of slowing world trade. While the global economy has held up better than expected, it warned that the recovery remains fragile….
IMF Warns of Slower Growth for Australia, New Zealand
