| Australians might have to get used to slower growth rates as commodity price weakness persists and investment outside mining struggles to pick up the slack, says the International Monetary Fund.
The IMF, in its latest World Economic Outlook series, says the sharp decline in many metal and energy prices over the past few years will shave about 1 percentage point off gross domestic product growth rates between 2015 and 2017 in commodity-reliant emerging markets. According to its formula, growth rates in Australia could slip to 1.8 per cent over the next three years, from 2.8 per cent between 2012 and last year...............................................Full Article: Source
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