The Prime Minister insists his government will deliver the first budget surplus in twelve years

Treasurer Josh Frydenberg during Question Time in the House of Representatives at Parliament House in Canberra, Wednesday, October 16, 2019. (AAP Image/Mick Tsikas) NO ARCHIVING

Source: AAP

The International Monetary Fund says the world's economies are battling a “synchronized slowdown", calling on nations to inject a fresh round of stimulus to stem off any further slump. While Australia's global growth outlook has hit its lowest level in a decade -- the government says its priority is returning the budget to surplus, not stimulating spending.



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