May 2025
In the May edition of Economic Intelligence we cover:
- The slow slide of housing productivity in Australia: This research note examines the decline in Australia's housing productivity over the past two decades and stresses the need to address industry issues to resolve the national housing crisis.
- Tracking Australian industry: Core inflation is back within its target range following the weakest economic year since the 1991 recession, with anticipated slower investment growth in 2024-25 combined with the recessionary conditions in the manufacturing sector, wage impacts from the Annual Wage Review, and rising burdens from taxes.
- Economic Forecasts: The IMF's latest forecast downgrades Australia’s economic growth projection due to US tariffs and trade disruptions, with slower expansion and fluctuating inflation expected over the next two years.
