Recession 2024 Australian Dollar. The international monetary fund (imf) has released its latest world economic outlook, which forecasts economic growth of only 1.5% for australia in 2024. Gross domestic product (gdp) rose 0.1%, resulting from subdued domestic demand as increased consumption.

Amp forecasts the asx 200 will end the year at 7,775 points, returning 9 per cent in. As of january 2024, 1 us dollar is worth 1.53 australian dollars.