#Latest news with #stateGovernmentsNews.com.au5 days agoBusinessNews.com.auOECD downgrades Australia's economic growthThe Organisation for Economic Co-operation and Development has downgraded Australia's economic growth expectations this year. It is expecting the economy will grow by 1.8 per cent, down from its 1.9 per cent forecast. The organisation is warning federal and state governments to repair their budgets as data shows a record growth in welfare spending.
News.com.au5 days agoBusinessNews.com.auOECD downgrades Australia's economic growthThe Organisation for Economic Co-operation and Development has downgraded Australia's economic growth expectations this year. It is expecting the economy will grow by 1.8 per cent, down from its 1.9 per cent forecast. The organisation is warning federal and state governments to repair their budgets as data shows a record growth in welfare spending.