{"id":629697,"date":"2026-10-13T21:46:09","date_gmt":"2026-10-13T21:46:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/629697\/"},"modified":"2026-10-13T21:46:09","modified_gmt":"2026-10-13T21:46:09","slug":"australia-faces-slowing-economy-with-inflation-sitting-among-the-worst","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/629697\/","title":{"rendered":"Australia faces slowing economy with inflation sitting among the worst"},"content":{"rendered":"<p>Our economy seems to be faring better than our neighbour across the Tasman.\u00a0<\/p>\n<p>The International Monetary Fund has issued a stark outlook for the Australian economy, as it\u2019s dealing with some of the worst inflation in the developed world.\u00a0<\/p>\n<p>It\u2019s forecasting GDP growth of just 1.6% next year, and the biggest rise in unemployment among developed economies \u2013 going from 4.4% to 4.7%. \u00a0<\/p>\n<p>ANZ Chief Economist Sharon Zollner told Mike Hosking in growth terms, particularly compared to Australia, we look great.\u00a0<\/p>\n<p>She says we\u2019re growing out of a hole, with 2.6% growth coming off a weak period, compared to their 2.1% off the back of a quite strong period of growth.\u00a0<\/p>\n<p>LISTEN ABOVE\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"Our economy seems to be faring better than our neighbour across the Tasman.\u00a0 The International Monetary Fund has&hellip;\n","protected":false},"author":2,"featured_media":629698,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[12465,85,308891,138,219,1943,111,139,69,118669],"class_list":["post-629697","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-anz","tag-australia","tag-australianeconomy","tag-business","tag-economy","tag-inflation","tag-new-zealand","tag-newzealand","tag-nz","tag-sharonzollner"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/629697","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=629697"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/629697\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/629698"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=629697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=629697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=629697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}