Australia: Staff Report for the 2000 Article IV Consultation
IMF Staff Country Reports, March 21, 2001
Source details
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- Australia: Staff Report for the 2000 Article IV Consultation
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Bibliographic details
- Published: March 21, 2001
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451801972.002
Economic performance and outlook
- In 2000, Australia entered the tenth year of an impressive economic expansion characterized by strong productivity growth and low inflation.
- The Australian equity market performed better than most countries in the region in local currency terms.
- Spreads on long-term government bonds and on private sector debt remained steady.
Social protection and retirement income framework
- Executive Directors observed that:
- the means-tested publicly provided age pension,
- the mandatory private superannuation scheme, and
- the tax incentives for additional voluntary saving
provide a suitable framework for retirement income support over the long term.
Subject coverage and keywords
- Subject: Fiscal policy, Income, Inflation, Labor, National accounts, Personal income, Prices, Production, Productivity
- Keywords: consumer inflation expectation, consumer sentiment, CR, exchange rate, Global, headline inflation, Income, inflation, inflation pressure, ISCR, Personal income, Productivity, staff appraisal, trend current account