Australia
Australia’s 2025 Fiscal Tightrope: MYEFO Reveals Persistent Inflation Amid RBA Friction
The Australian federal government’s Mid-Year Economic and Fiscal Outlook (MYEFO), released on December 17, 2025, has painted a picture of an economy caught between a rock and a hard place. While the Treasury reported a modest $5.4 billion improvement in the projected underlying cash deficit—now forecast at