Published Oct 22, 2026, 5:53 PM ET · Updated 22 days ago · 1 source

Australian Growth Likely Slower Than Expected On Rates, Prices

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bloomberg
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Original Report

Australia’s growth will likely be slower than the 1.75% forecast in May’s budget, Australian Treasurer Jim Chalmers said Friday, as a series of rate hikes and rising inflation start to bite on the economy.