The IMF's policy prescriptions are wrong for Australia

While Australia's policymakers fret over changes in the rate of inflation, there's a deeper problem that will trouble the economy.

Policy prescriptions advocated at the recent G20 finance ministers’ meeting in Cairns risk dragging Australia into a world of fantasy, far removed from the genuine challenges that confront the nation.

In particular, the IMF’s view that “advanced economies should continue accommodative monetary policies, given still large output gaps and very low inflation” simply holds no relevance for our country.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles