Australia: Staff Report for the 2004 Article IV Consultation
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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:
Balance of payments Current account deficits Exports External debt Housing prices Inflation International trade Labor Prices
English
Publication Date:
November 8, 2004
ISBN/ISSN:
9781451802009/1934-7685
Stock No:
1AUSEA0012004
Pages:
53
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