Finance Minister, Mathias Cormann, gave an interview on ABC Radio this morning in which he downplayed the IMF’s warning about Australia’s growth prospects and talked-up the prospects for Budget repair:
MICHAEL BRISSENDEN: The IMF is warning that the Government’s budget repair is in danger because of over-inflated revenue and spending expectations. It’s saying economic growth is likely to be closer to 2.5 per cent, well short of the forecast 3.5 per cent?