Australia: Staff Report for the 2004 Article IV Consultation

Publication Date:

November 8, 2004

Electronic Access:

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Summary:

Australia’s 2004 Article IV Consultation reports that economic growth has rebounded, underpinned by continued buoyancy of domestic demand, an improvement in the external environment, and a gradual recovery from the drought. The main risk to the outlook relates to overheating in the housing market, but recent indicators suggest a soft landing is likely. Other risks include a re-emergence of drought, sustained high oil prices, or a weakening of external demand.

Series:

Country Report No. 2004/353

Subject:

English

Publication Date:

November 8, 2004

ISBN/ISSN:

9781451802009/1934-7685

Stock No:

1AUSEA0012004

Pages:

53

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