Australia: Staff Report for the 2005 Article IV Consultation

Author: International Monetary Fund

Volume/Issue: Volume 2005 Issue 331

Publication date: September 2005

ISBN: 9781451802085

$20.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats


English

Prices in red indicate formats that are not yet available but are forthcoming.

Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Exports and Imports , Inflation , Economics- Macroeconomics , ISCR , CR , government , monetary policy , exchange rate , export commodity price , healthcare productivity growth , wait-and-see monetary policy stance , headline inflation , commodity price , demand growth , Inflation , Housing prices , Commodity prices , Infrastructure , Global

Also of interest

Nepal

Grenada

Peru

Republic of Congo : 2001 Article IV

Summary

This 2005 Article IV Consultation highlights that Australia has implemented wide-ranging structural reforms and strengthened the frameworks for monetary and fiscal policies over the past two decades. As a result, Australia’s economic expansion is now in its 14th year, with growth averaging 3¾ percent owing to a combination of strong job creation and high productivity growth. Growth is expected to rise from 2¼ percent in 2005 to about 3½ percent in the medium term, although this will require continued strong growth in productivity.