IMF casts doubt over domestic growth forecast

Previously unreported IMF staff estimates obtained by The Australian suggest the economy will struggle to return to long-trend annual growth of just over 3 per cent before 2014, in spite of government forecasts of annual growth of up to 4.5 per cent by 2011.

The revelation coincides with a Newspoll conducted for the daily which found only 30 per cent of voters believed Wayne Swan's assurance that the budget would return to surplus by 2015-16.

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Written by Staff Reporter

Last Updated: 09 March 2022

Published: 19 May 2009