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Australian housing market at risk of mortgage defaults ahead of global economic downturn

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A participant stands near a logo of IMF at the International Monetary Fund - World Bank Annual Meeting
FILE PHOTO: A participant stands near a logo of IMF at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. REUTERS/Johannes P. Christo/File Photo
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The International Monetary Fund has downgraded its global economic growth outlook to 2.8 per cent this year, stoking fears of an economic downturn. 

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Associate Professor Shumi Akhtar, University of Sydney

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