Australia in for ‘rough ride’ as economic woes mount

Soaring inflation, stagnant wages, low productivity growth key challenges for government

By KARL WILSON in Sydney

Australia’s Labor government is facing the country’s worst economic crisis in decades, less than half a year after taking office. Inflation, currently at a 21-year high of 6.1 percent, is forecast to peak at nearly 8 percent by the end of the year as...

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