## Australia: Selected Issues

_IMF Staff Country Reports, August 12, 2009_

## Source details

**Canonical URL:** [Australia: Selected Issues](https://www.imf.org/en/publications/cr/issues/2016/12/31/australia-selected-issues-23180)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/australia-selected-issues-23180/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/australia-selected-issues-23180/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/australia-selected-issues-23180/bundle-manifest.json)

## Bibliographic details
- Published: August 12, 2009
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451802214.002

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### Objective and methodology
- Analyzes the likely effectiveness of fiscal policy in supporting aggregate demand in Australia.
- Uses simulation analysis, including the Global Integrated Monetary and Fiscal Model (GIMF), to evaluate fiscal measures and behavioral responses.

### Key findings and quantitative results
- The type of fiscal measure and the underlying behavioral responses have an important impact on the magnitude of fiscal multipliers.
- GIMF simulations suggest that the cumulative impact after five years could be close to 10 percentage points of GDP for the announced stimulus measures.
- The announced stimulus measures cumulate to almost 8 percentage points of GDP.

### Themes and subject coverage
- Banking
- Capital adequacy requirements
- Corporate sector
- Economic sectors
- Financial institutions
- Financial regulation and supervision
- Housing
- Housing prices
- Loans
- Mortgages
- Prices

### Keywords and technical terms preserved from the source
- Australia, Australia and New Zealand, bank
- Capital adequacy requirements
- consumption expenditure
- Corporate sector
- CR
- expenditure in GIMF
- GIMF estimate
- GIMF simulation
- Global
- house price
- house-price valuation
- Housing prices
- ISCR
- Loans
- Mortgages
- price

### Publication metadata (from source)
- Date: August 12, 2009
- Pages: 36
- Volume: 2009
- Issue: 249
- Series: Country Report No. 2009/249
- DOI: https://doi.org/10.5089/9781451802214.002
- ISBN: 9781451802214
- ISSN: 1934-7685
- Format noted: IMF Staff Country Reports

*International Monetary Fund. "Australia: Selected Issues", IMF Staff Country Reports 2009, 249 (2009), accessed 9/13/2026.*

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## Content in this bundle

- **Australia: Selected Issues; IMF Country Report 09/249; June 22, 2009**
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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/australia-selected-issues-23180_