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An economic outlook the world was waiting to hear. But is it good news for Australia?
Australian dollar coins and banknotes Credit: JOEL CARRETT/AAPIMAGE
The International Monetary Fund predicts Australia's inflation will rise from 2.8 per cent to 3.6 per cent by the end of next year. The outlook positions Australia among the worst-performing advanced economies in the fight against the cost of living crisis. It could mean tougher conditions for Australian households.
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