Original article by Jacob Greber, Tom McIlroy, David Marin-Guzman
The Australian Financial Review – Page: 1 & 4 : 24-Jan-18
The Australian Government’s May 2018 Budget may take into account the impact of the Trump administration’s tax reforms when restating its forecasts for global economic growth. The mid-year update in December maintained Treasury’s current forecast of global economic growth of 3.5 per cent in 2018. However, Treasury may respond to the International Monetary Fund’s upgrade of its global growth forecasts by upwardly revising its own guidance.
AUSTRALIA. DEPT OF THE TREASURY, UNITED STATES. EXECUTIVE OFFICE OF THE PRESIDENT, INTERNATIONAL MONETARY FUND, THE AUSTRALIAN INDUSTRY GROUP, HSBC AUSTRALIA HOLDINGS PTY LTD, UNIVERSITY OF SYDNEY. UNITED STATES STUDIES CENTRE, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET, PRICEWATERHOUSECOOPERS AUSTRALIA (INTERNATIONAL) PTY LTD, RESMED INCORPORATED – ASX RMD