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IMF Calls for Mining Tax Revival, Flags Rising NDIS and Budget Pressures

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IMF Calls for Mining Tax Revival, Flags Rising NDIS and Budget Pressures
IMF Calls for Mining Tax Revival, Flags Rising NDIS and Budget Pressures

The International Monetary Fund (IMF) building sign is viewed on April 5, 2016 in Washington, DC. Karen Bleier/AFP via Getty Images

The International Monetary Fund (IMF) has urged Australia to take politically difficult steps—including reviving a mining tax, tightening spending on the NDIS and aged care, and reining in fiscal expansion—to shield the economy from weak productivity and global uncertainty.

In its annual review released on Nov. 20, the IMF praised the government for winding back pandemic-era support and beginning fiscal repair.

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