Trump backdown; the rise & rise of CBA; IMF cuts growth outlook

Thursday 24 April 2025

Donald Trump and his Administration start backing down on tariffs, cost cutting, and threats against senior bureaucrats. 

And more, including:

• The rise and rise of the Commonwealth Bank. 
• The IMF cuts its forecast for Australian and global economic growth. 
• Opposition Leader Peter Dutton outlines a $21 billion boost to defence, if the coalition is elected
• Elon Musk says it's time to go back to his day job

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