Executive Board
Board Discussions
on Australia:

February 3, 2017
September 14, 2015
February 10, 2014
November 12, 2012
October 5, 2011

Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2017  2018
Real GDP 3.1 3
Consumer Prices 2 2.4
Source: World Economic Outlook (April 2017)
Please refer to more recent Press Release/Staff reports on this country for possible revisions.

Australia: Financial Position in the Fund

Transactions with the Fund

Central Bank
Reserve Bank of Australia

Finance Ministry
Commonwealth Treasury of Australia

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Australia and the IMF
Updated May 24, 2017

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IMF Survey Online
February 12, 2014 -- IMF Survey : Australia on Path to Broader-based Growth, says IMF
Australia’s mining investment boom has passed its peak, and the country is now confronting the need to generate broader-based growth, says the IMF in its annual assessment of the Australian economy.
November 15, 2012 -- IMF Survey: Strong Commodity Demand, Sound Policies Support Australia
The Australian economy has demonstrated considerable resilience in the face of the global financial crisis, and is in a strong position to respond to any external shocks, says the IMF in its annual assessment of the country’s economy.
November 15, 2012 -- IMF Survey: Australia's Banks Sturdy, Closely Connected
Five years after the global economic crisis, Australia's financial sector continues to outperform most of its peers, but the country will need to manage risks from high household debt and house prices, reliance on funding from overseas, and a highly concentrated and interconnected banking system.
March 21, 2012 -- IMF Survey: Sheer Distance a Factor as Pacific Islands Seek to Boost Growth
The Pacific islands must address the impact of their remoteness and other unique economic issues as they seek to regain income levels prevailing before the global economic crisis. A conference in Samoa will look at how to make the islands more resilient to economic shocks.
January 13, 2012 -- IMF Survey: Big Financial Sectors Under Review in 2012 By IMF
There's one thing all countries learned in the recent crisis: problems in the financial system can have devastating consequences for economic health. In 2012 the IMF will examine some of the world’s biggest financial sectors to help them spot any trouble on the horizon.
October 07, 2011 -- IMF Survey: Australia’s Booming Exports Could Help Secure Future
Despite increasing uncertainty about the state of the global economy, Australia’s booming commodities sector gives the country an almost unprecedented opportunity to protect itself against future shocks, says the IMF in its annual report on the state of the Australian economy.
October 28, 2010 -- IMF Survey: Mining Boom Bodes Bright Future for Australia
Australia has weathered the global financial crisis far better than many other developed economies, thanks to strong demand from emerging Asia and decisive policy responses, but the country now needs to manage a predicted mining boom to prevent the economy from overheating.
January 22, 2010 -- IMF Survey: Australian, New Zealand Banks Remain Sound During Global Crisis
Australian and New Zealand banks remain sound by international standards, two recent IMF studies said. But the studies encouraged supervisors in both countries to step up stress tests to assess bank resilience to deterioration in economic and financial conditions.
February 06, 2009 -- IMF Survey: Stimulus Measures Bolstering Demand Amid Crisis, IMF Says
Most of the world's leading advanced and emerging market economies have adopted stimulus measures to counter the growing financial and economic crisis, according to an analysis by the IMF that estimates the collective impact on growth of around ½ -1¼ percentage points.