IMF says Australia should keep tightening monetary & fiscal policy to contain inflation

Reuters reports on the IMF annual review:

• Australia should continue to tighten monetary and fiscal policy to contain inflation even as its economy is set to slow sharply next year amid a host of downside risks, including falling house prices

IMF forecast economic growth in Oz to slow to just 1.7% in 2023/2024, citing

• higher interest rates,
• persistent inflation,
• weakening export demand,
• and declining housing prices

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Earlier on Australia, RBA specifically:

• Westpac: RBA titled dovish when its increasing its inflation forecast ... unusual approach