The OECD warns that Australian economic growth will slow in 2026 due to US President Trump’s tariff agenda, with GDP growth expected to decline to 1.8% from 1.9% in 2025. Global growth is also projected to moderate, with higher trade barriers impacting investment and household spending. Inflation is expected to be higher than previously forecasted, with headline inflation in Australia predicted to reach 2.2% in 2026, allowing for continued policy rate reductions.
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Federal election 2025: Housing policy battle continues as Prime Minister bats away expert analysis
Anthony Albanese and Peter Dutton clashed over housing policies, with Albanese defending Labor's plan of 5% deposits and $10 billion for 100,000 new homes against expert criticism predicting price increases. Dutton promoted his tax break for mortgage interest while expressing concern for his children's housing prospects, indicating a willingness to assist them financially. Albanese refrained from discussing his son's situation, while Treasurer Jim Chalmers criticized the Coalition's plan as a "cost-of-living con job," asserting clear...
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