IMF not buying the government’s ‘spin’ on economic management

Sky News host Peta Credlin says the International Monetary Fund “isn't buying the government's spin” on their economic management. In a report out today, the International Monetary Fund tips that – by the end of next year - Australia's inflation rate will be higher than every other advanced economy, except Slovakia. Inflation will be ‘sticky’ at 3.6 per cent in December 2025, while the US, the UK, New Zealand and most of Europe will be at 2 per cent or less. “None of this bodes well for the Albanese government's hopes of a pre-election rate cut,” Ms Credlin said.