Australia : 2012 Article IV Consultation—Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for Australia

Author/Editor:

International Monetary Fund. Asia and Pacific Dept

Publication Date:

November 15, 2012

Electronic Access:

Free Full text (PDF file size is 2018 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

GDP growth is likely to remain strong, although narrowly driven by a mining investment boom, increasing the economy’s vulnerability to terms of trade shocks. Outside the mining sector, growth is expected to be slow with still weak consumer confidence and a strong exchange rate weighing on business investment. The main risks are external, and include an intensification of the euro crisis and a sharper-than-expected slowdown in China.

Series:

Country Report No. 12/305

Subject:

English

Publication Date:

November 15, 2012

ISBN/ISSN:

9781475561357/1934-7685

Stock No:

1AUSEA2012001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

55

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