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IMF warns on Trump-style protectionism, 'acute risks' in house prices

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The International Monetary Fund logo Source: ZACH GIBSON/AFP/Getty Images

A sudden outbreak of Trump-style protectionism that slams global grade - and potential fallout from badly roiled financial markets - are among the chief risks facing Australia's heavily-indebted economy, according to the International Monetary Fund.Puncturing any sense of self-congratulation for having survived the end of the resources boom, the IMF warns that Australia hasn't escaped worldwide "symptoms of the 'new mediocre'."Aaron reports.


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By Aaron Wan

Source: SBS



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A sudden outbreak of Trump-style protectionism that slams global grade - and potential fallout from badly roiled financial markets - are among the chief risks facing Australia's heavily-indebted economy, according to the International Monetary Fund.Puncturing any sense of self-congratulation for having survived the end of the resources boom, the IMF warns that Australia hasn't escaped worldwide "symptoms of the 'new mediocre'."Aaron reports.



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