✉news BusinessEconomy first seen 4 d ago, last 3 d ago, peak #17
Chalmers warns of weaker growth and higher unemployment ahead
Original: Economy set to worsen, with higher unemployment and weaker growth on the way, Jim Chalmers reveals
Australian Treasurer Jim Chalmers has flagged that the economy is set to deteriorate, with unemployment expected to rise and growth to weaken in the period ahead. The warning points to a gloomier outlook for households and businesses, and is likely to frame debate over the government's economic management and upcoming budget settings.
Why now: The Treasurer's downbeat forecast signals worsening economic conditions, prompting concern and political debate.
Jim ChalmersAustraliaAustralian economy
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Evidence
- Economy set to worsen, with higher unemployment and weaker growth on the way, Jim Chalmers reveals · The Guardian
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